Thursday, October 29, 2020
November 11600 Call Option
November 11600 call option chart is self explanatory...
When price hit the white band...top formed...(same manner check put option and read)
S & P
S & P ...chart is self explanatory......price is roaming near breakdown level 3243....
Same way...check Nifty chart at your end....
Nymex Crude
Nymex crude reaching 2nd level....36.02.....
If...close below 36.02...then positional bottom going to be 32.60....
(This is positional view....now trailing s/l should be 41.24 from 42.04..)...
Next
No further short at this juncture....either hourly sequence change trade or breakdown trade...
As such relax and watch hourly sequence change chart...
Any doubt, ping me in the hangout...
Cheers...
Covered
💚💚💚💚 Covered all short calls..... 💚💚💚💚
On recovery will sell...or wait for sequence change...
No position at our end...
Index
Today range 11712 - 11582......
Will cover our "short" calls before 12 o clock..... then, will enter after 2 o clock...if hourly sequence continues...
"To be positive... you need a driver to activate your mindset to be proactive"