Nifty range for tomorrow.... 14048 ~ 14229..
Thursday, January 7, 2021
Positional sell
Waiting for weekly closing below 4th level...
Same time... put option will closes above top level..
Till then... no positional short nifty...
Watch...closely on weekly basis..
Cheers...
Index
I feel distribution.... may be a pullback ... chart is posted in the hangout..
Check the chart at your end and understand....
Weekly top band -going to be zero
This week top band (posted hangout last week)...
Top band 14350
We sold topband+50 =14400 call...
14400 call is going to be zero today..
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Holding
14700 call month end... and
Weekly top band +50 option sold at 7.30 and holding...
Bharti Airtel
High formed 555.80
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Bharti Airtel
Bharti Airtel ... hope may hit 559 soon...
My take.... keeping 491 s/l...... buy on dip...
Cheers...
Index
Don't jump and enter into long...
Wait...be cautious from here on...
Bank Nifty ATH rally is on....
"In any situation, don't break your principles"