Friday, May 26, 2023

S & P - Huge Rally

Final assault on Bears.....

NASDAQ all set to cross 52 week high

Cheers...


This month


My take

Nifty future, weekly closing is well above 18134 .. there will be an upward trend towards 19423...

Also, 18010 may not break this month...

I feel, this month, trend may be "Buy on dip".

Let us see..

Anyway, we will use our reversal strategy and trade in options....


Geetha says

Last month ITC generated good money.... 430 call  just doubled.... 

This month... going to use the same strategy in Reliance......

=============================

Geetha says

Booked ITC future at 429.30 and bought 430 call at 6.30 and holding....

Full profit deployed in 430 call.... total risk free trade..

Either target 12.40 or will hold till expiry...


Geetha says

Sold 18100 put option at 97.40 and holding..

(82.30 not hit, hence, holding)

========================

What Papa

Waiting for 82.30 ah ?


What Papa

Waiting for 82.30 ah ?


Congrats Da Gupta

Sold Finnifty 19300 put option at 99 and covered (booked profit) at 83.70...


Congrats Geetha

Congrats Geetha .. 18400 call booked at 116.80..


Perfect analysis ... Geetha... keep it up... 💜💜💜


====================================


Perfect Geetha

Geetha says.... entered 18400 call at 83.40..... 2 lots booked profit at 108.90

Balance 3 lots keeping target 116.80 with trailing. s/l...



Perfect Geetha

Geetha says.... entered 18400 call at 83.40..... 2 lots booked profit at 108.90

Balance 3 lots keeping target 116.80 with trailing. s/l...



TVS Motor

Breakout ..... CMP 1288...

Upside visible 1370+

S/l ... 1220 (closing basis)



Reliance

Congrats Geetha...

Geetha says... Reliance buy on dip...


Trend

Nifty premium is 160 points...

Visual trade is possible.... prefer selling options...



Congrats Papa