Niftymetals: September 30, 2020

Wednesday, September 30, 2020

Social media meant only for productive activities....

My view with interpretation, details posted in the hangout....check and do analysis at your end...

Cheers....

போலோ ஜெய் சிரி சிரி சிரி ராம்

Today, we entered Titan, because call option price moved above yellow...solid upmove..

Index more strength is buy on dip, put option chart panel still in red zone...

Weekly settlement options going to be zero as per our weekly band...

Nothing great in identifying the ranges..... it, needs application of knowledge and interpretation of levels with continuous improvement

Noting wrong in the index (nifty and banknifty) move today..... just played within the volatility band .... no naked option opportunity.....

Cheers....

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Bank nifty today support is 21084.30...in future...

Range may be 11186.40 ~ 11308.90...

Sold again option at 74.20.... will cover tomorrow ....

Titan high formed 1206.70.....hold with trailing s/l...for target...

Enjoy...

11000 weekly put again...we want to sell...however...not moved near to our top band...

Will sell again...if goes near today's top..

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Sold weekly option 11000 put (also) at 18.90...will cover at 7.80 today or hold...

Bank nifty today support is 21084.30...in future...

Range may be 11186.40 ~ 11308.90...

As such...follow 11200 weekly call ranges for selling options...

If any change, based on hourly sequence, will post in the hangout..