Monday, October 5, 2020

Thiru.J. Jeyaranjan: The new farm laws are the greatest threats to the PDS in Tamil Nadu

 

https://frontline.thehindu.com/cover-story/greatest-threat-to-the-pds-in-tamil-nadu/article32757898.ece



Cadila Healthcare

 

Cadila Healthcare upside target is  434.... cmp 414......

Sl 392 closing basis...

Check the levels at your end...


Gold

 

Gold trading / consolidating .... big move on the cards....either side....wait for channel breakout or breakdown...

Chart is self explanatory...

Check MCX chart at your end...




Lupin

 

Lupin is in our list.....check 1040 call and put option strike prices...



Solid opportunity

 

Solid opportunity on the cards....

  - if price moves above breakout solid upmove....

  - if price moves below breakdown solid downside...

Will post the details in hangout... once... criteria meets the trade setup..



TCS 2600 call

 

TCS 2600 call option resistance 187 / 214....




366

 

366 will act as resistance..... details posted in the hangout....

Take care...


Infosys

 

Sheetal posted her observation about Infosys in her hangout members..... check and act...


Index

 

Sold weekly option both call and put...based on top bands.... (Ratio 2:1)....

Check ... weekly band levels in the hangout and act...




TCS....

 

TCS is limelight today..

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

Believe your knowledge

Fix the trading strategy with well defined rules and follow...

Mixing price action with levels (think different attitude) get rewarded most of the time...

ஆர்வ கோளாறான (Emotional) கும்பல் ஒரு பக்கமாகவே செல்லும்... அவர்களுக்கு  எதிராக  அறிவோடு செல்லுங்கள்... வெற்றி உறுதி....

Case study TCS.... (price action initiated the direction first, then news followed the price action)...



Think different.....


Nymex crude

 

Nymex crude...holding 36.90...no continuation of postional short.....

Nymex swing range is 36.90 ~ 38.86.....

Avoid crude....




Bank Nifty

 

Bank Nifty future 22675.40, stiff resistance for the day...





Index

 

Index future range for the day...11357.20 ~ 11487.30...

SGX followers holding long, in the morning...