Friday, December 16, 2022

Index

Bank Nifty just fallen 1000 points...

Now all idiots are talking.....and crying........ crash....crash... 😅😅😅😅

This is not a crash ... this is a normal reversal.....

Follow the reversal pattern / reversal points and trade...

Nothing to worry... if you follow the bottom / top reversal points.... even if crash... you will be in right side..... don't worry....





Papa says

Started selling options from last week.....

Today sold 18400 Put Option at 193 (near top band) and booked profit at 131.20... first support...

Congrats....Geetha...lovely.... keep it up....



Gupta says

Shorted Put Option in Bank Nifty and booked profit 158 points...

Nothing great....if you have levels..... reached top band....fallen 210 points....

Further says.... if price goes again near the top... will sell for sure...

Selling Option Chef Gupta...

நீ கலக்கு மச்சி...        https://www.youtube.com/watch?v=lZ2PhyBF3GQ



Pullback setup

Encashed by Gupta.... entered at 34 and exited at 63.30... says...rally may extend towards 78...

Geetha has entered at 31.20 and exited at 46.80...

Says... pullback is over for the day....👍👍👍👍

இந்த என்ட்ரி எல்லாம் எடுக்கணும்னா ... இடைவிடாது தொடர்ந்து price action concept தெரிந்தால்தான்  முடியும்....   இருவரும் பயணித்த காலம்கள்... சுமார் ஆறு வருடம்..... தொடர் கற்றல்.... continuous and travel to learning is more important.. 

If you don't have time to travel and learn.... please quit from the trading.... nothing comes your door step.... you have to spend time and learn... time is important for everyone....

While learning "No Ego" and "No Selfish" attitude.... if you want, you have to ask...

வாழ்த்துக்கள் குப்தா & கீதா... keep learning..... good interpretation of levels... 



No setup

Today...may be a grinding day...



Trend

As such... I may not consider the entries today.... let me wait for bottom reversal..

Call options bounce backs are inevitable, but, I will stay away... till it reaches reference points...

Not necessary to trade today...

Let us relax and wait for solid setups...