Maruti

Maruti....reversal level 6780....may be 200 ~ 300 point from 6780...

As such...low not yet formed...wait for 6780...keeping s/l 6618 (Closing basis)...

Index Main Trend

Main Trend still weak.........distance between the price and reversal level is far away...

Anyway......next week wants to make next entry in call option based on relief rally....nothing to panic......will make it...

Yesterday

Y'day ....25600 call upperband target 192.......not validated...

Sure....will catch....and encash....if  Monday....level suggest again....

Waiting for 274 to cross

Bank Nifty Reached First Level.....

Next breakout...oneside....put option...breaks the marked level....

There again...we can enter....for call option...

Reversed

Check....

Trend now

My take is ....waiting for call option......have patience...

Bank Nifty

Bank Nifty call option not yet reversed....

Let us wait......

No trade....

Nymex Crude

Nymex Crude consolidating and not able to close above 72.41....

Important levels ...70.26 /  72.41 and 73.47...

Midterm target 78.43.....

Always remember the s/l.....

Index

Next week Bank Nifty 25300 call option holding the support 123.....

Still....waiting for enter call option on reversal...

Let us see...tomorrow....if we get opportunity...we will encash..

Wait

Wait... no clear opportunity...

Both call and put....trading between the levels (band).....premium shrinking...

Squared off - Option Selling - Net result 64 points Profit

Today impact

Yesterday Impact

Net profit 64 points this week.....selling options...as per logic....refer previous post....

Bank Nifty Selling Option - as such

Our Determined level posted on Monday...(in hangout)...

End result (y'day told to sell near closing).....today....hope Hari encashed and exited....next week option...

Sixth week.......with protection....working out.....only needs margin....

Hang on

Call option no entry .....no candle closed above our level...

Hang on...

Moreover....25642 is our target...above 25221 (refer y'day post)....morning gap up , high formed today is 25619.95...

No entry....today......

Tomorrow

Tomorrow........after level changes...if price closes above Aqua (1st 15 minutes candle) .....sure...we will enter...

Will inform for sure......stay tuned in hangout...

Index

Index ...Bank Nifty closed above 25221.....(after validated 24878..and closed above).....

Now....25221 will act as s/l and next first level 25642....

Bank Nifty

Bank Nifty Trading above 25221....

Bank Nifty Option Selling

Now the premium is 380....either today near closing or tomorrow ...you can....

Decide at 3.15.....

1 o clock candle

1 o clock....call option candle....not able to close above the level...

Still....no solid reversal...

Bank Nifty put is reversing

1 O clock candle

1 o clock candle may give indication of next move .....of Index....

Bulls are crying

Let them cry....who cares...

Nifty validated 10916...

Bears are fully charged....

Bank Nifty

Bank Nifty.....24878 validated and trading below....next last reversal support...24398.80

Index

Index as such no solid reversal....on the cards...

Let us wait.....

Index

Based on call option...calculated reversal point....

If touches.....nifty bounce back.....check hangout for details...

Bulls are "பாவம் "

Bank Nifty 25500 call chart

Bank Nifty 25500 call chart is self explanatory...

No reversal....

Bank Nifty Option Selling

Details posted in hangout .....this week.....Bank Nifty option selling levels...

Index

Index .....as such ....no reversal....

Bottom level...to be watched Bank Nifty 24878.80 ...

Bottom level...to be watched  Nifty 10916...

Nifty and Bank Nifty

Charts are self explanatory......trend is sell on rally...

October 11000 Call Option

October Nifty 11000 call option...suggesting ....only pullback rallies are possible...

Main Trend is sell on Rally.......because of distance between the price and reversal point distance is very much wide as such...

Let us believe our level...

Rocking Rafale Deal

https://thewire.in/business/full-text-of-french-report-on-how-modi-govt-pushed-anil-ambani-as-partner-for-rafale-deal

Nifty 11300 Put

Intermediate (if any) relief rally....11300 put 30 ~ 41 will act as stronggggggggg...... support...

Bank Nifty

Bank Nifty....final support 24916...

Midterm....trend is sell on Rally...

Sharp pullback rally....may be visible...if (read the below chart) call option price closes above....sure relief rally....

Bank Nifty Positional

Bank Nifty (Mid Term positional) downside target 26120 hit......low formed 26115.10...

Waiting

Waiting for entry....if price trades above orange...solid reversal...

Details...will post in hangout....

Last week - Bank Nifty option selling - End result

Last week   "our"   predetermined levels

Top Band       27249 - Strike Price selected for selling 27200 call option
Bottom Band 26274 - Strike Price selected for selling 26300 put option

Sold

17th Monday 27200 call option Rate ..   .129.00
17th Monday 26300 put option Rate....      88.00

Net Premium on selling                   ....   217.00     [A]


Covered

19th Wednesday 27200 call option Rate ... 14.00
19th Wednedday 26300 put option Rate...158.00

Net Premium on covering               ....   172.00    [B]

Total Profit [A]-[B]                          ......   45.00 per lot....

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

Last five weeks total profit with capital protection  213 points per lot.................based on our pre-determined level logic...

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

Nifty

Nifty today entering into next leg of negative zone...

Now...s/l for positional sell is 11459........

Bank Nifty Option Selling - Status

Yesterday 193.....CMP now (add together - call + put) - 145........net profit per lot 48 point ......

Bank Nifty

Next Resistance 26749...

Now support 26519...

CMP above 26586...

Bank Nifty

Today trend deciding levels ....26586....26519

Bank Nifty

Bank Nifty....near to support/breakdown level 26452....relief (supply) rally ?......

Nymex Crude and Rupee

Nymex Crude....and Rupee....... going to spoil the Index...........

Index

No fresh short at this juncture....

Bank Nifty Selling Option this week

Total premium is 212 ........ now 193.....

26900 call

Bank Nifty 26900 call option..

Support 98.40....1st level 193.40...

Nifty

Nifty Mid term positional levels...

Downside target 10868.....s/l  11654.....CMP 11395.10....

Again....make use of this level....sell call option...in all relief rallies...

Bank Nifty

Mid Term target and s/l

Downside target 26120....s/l   27513......CMP  26879....(Future level)...

Best way to use of this level....selling call option.....in pullback rallies...

Philips Carbon

Philips Carbon hit 231.40...

Next Option Opportunity

Next opportunity......if price reverse and close above marked level...sure jackpot..

Will inform and post the details in hangout...

Indus Ind Bank

Indus Ind Bank 1900 call option in our list.

Tomorrow...(levels may shift ..beginning of the week)....if price close above pink...sure...opportunity...

Will post the details tomorrow in the hangout...if price/level confirms the entry....

Reliance

Reliance ...consolidating above 1181....next top is 1386.....

Bank Nifty

Bank Nifty reacted near to positional short level 26936..and holding....

Bank Nifty also not in a positional sell as such...

Nifty

Nifty positional trend change level os 11026....till then.....no positional sell...

Nifty

Nifty relief rally is on......11500 call 53 will act as support....

Namo Pick

Our Narayanan identified ....details in hangout...

Good consolidation

Index...further uptrend.......only after price goes above red level....

As such ......Index "No" short ....

Trade Setup - Bank Nifty Call Option

Gap up.....and consolidating near breakout...

Let us wait for next trade...

Will post the details in hangout...