Tuesday, January 12, 2021

Reliance

 Reliance put option closed below support...

Morning opened below previous resistance...hence... reliance moved today..

Hope another 30 points move in Reliance..

Put option chart is self explanatory...




Nifty and Bank Nifty

Nifty and Bank Nifty (crash level) bottom reversal charts are self explanatory..

Market has surprised everyone, index has moved so fast to the top band... 

In my 30 years experience.. never ever happened  so fast.... (move is perfect...time frame is surprise)

My intuition says... same way it may happen to bottom also... let us see..

What ever it is... we have to follow the market direction... market is always superior (unknown alien)...






 

ACC


ACC is closed above 1742....

My take is buy on dip.... keeping s/l 1724....upside is visible 1849..

Keep in your list..




Holding

 

Holding 14700 month end call short with 14400 put short (initiated today)... 1:2 ratio..


Reliance hit 1964

 

Love'ly move.... next level is 1994...

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Reliance

 

Buy Reliance CMP 1935 with s/l 1913.... target 1964 ... Hold for a day or two.. #StocksToBuy #StockToWatch #reliance #nifty

Weekly option selling...follow up


Wait...will decide tomorrow.

=========================== 

Wait


No fresh positions at this juncture... on index...

Weekly option top band sell,  we may decide tomorrow or wednesday...



Reliance

 

Buy Reliance CMP 1935 with s/l 1913.... target 1964 ... Hold for a day or two.. #StocksToBuy #StockToWatch #reliance #nifty

Reliance


Reliance 1948 closes above ... trend may be up...towards 1994...

Avoid reliance shorting...


Monday, January 11, 2021

Bank nifty

 

Bank nifty 32200 call chart is self explanatory....




Crucial

 

Crudial days 14th January to 23rd January ..... next move of index...

S & P .... hope distribution is on ! ! ! 



Index

 

Index future tomorrow range 14213 ~ 14512.....



Holding


Holding 14700 monthly call short...



Wait


No fresh positions at this juncture... on index...

Weekly option top band sell,  we may decide tomorrow or wednesday...



14600 call

 

Exited 14600 call at 171....holding 14700 call short...


Reliance

 

Again reliance 1950 put is holding above the support level...




Index

 

Weekly opening (change in levels are) suggesting... buy on dip...

Bought 14600 call option at 152....

Take care.....