Niftymetals: October 30, 2020

Friday, October 30, 2020

Nymex Crude 4 hour candle well closed below 36.02.....

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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..)...

Holding, sold call options ... for targets.....

Let us see.....

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Will hold.. check weekly band chart (last week hangout post)

Will hold with s/l till next week...

No naked option entry at your end...

Take care....catch you after 6 p.m...

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Will hold.. check weekly band chart (last week hangout post)

Will hold.. check weekly band chart (last week hangout post)

Waiting for 102 to break to initiate sell..

Sold for the day...to encash 30 points....

Sold for the day...to encash 30 points....

Nifty future range.... 11582 ~ 11743.....

My take is sell on rally.... (as such no naked option buying..)...

"Not necessary to prove yourself to the world, do right to your intuition"