Niftymetals: September 12, 2020

Saturday, September 12, 2020

State Bank of India... may be buy on dip...

My view posted in the hangout based on option...

Read and enjoy the weekend...

Reversal points are always sharp....there we should enter into the naked option buying to make good money....

Whenever, price goes into the red panel..... reversal may happen for sure.

Here, 11400 call price entered into red panel on 31st August 2020.... same place 11200 put option moved from 53 to 198..... (monthly option)...

...Current Trend..

Now...call option price is out of Red Zone....but, put option price not yet moved into Red Zone....

This reversal points are calculated based on monthly options....

Already we have reversal points calculations for weekly options, made by Sheetal....

Lovely ideas.... by Sheetal....

Bullet points........

- Continuous learning

- Patience

- and wait for your turn

- No hesitation, enter into trade

- You may be brilliant, but always keep s/l...it is must...

- Believe your ideas/methods and repeat....

- Avoid external noises...

Cheers...