Tuesday, January 12, 2021
Reliance
Reliance put option closed below support...
Morning opened below previous resistance...hence... reliance moved today..
Hope another 30 points move in Reliance..
Put option chart is self explanatory...
Nifty and Bank Nifty
Nifty and Bank Nifty (crash level) bottom reversal charts are self explanatory..
Market has surprised everyone, index has moved so fast to the top band...
In my 30 years experience.. never ever happened so fast.... (move is perfect...time frame is surprise)
My intuition says... same way it may happen to bottom also... let us see..
What ever it is... we have to follow the market direction... market is always superior (unknown alien)...
ACC
ACC is closed above 1742....
My take is buy on dip.... keeping s/l 1724....upside is visible 1849..
Keep in your list..
Reliance hit 1964
Love'ly move.... next level is 1994...
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Reliance
Buy Reliance CMP 1935 with s/l 1913.... target 1964 ...
Hold for a day or two.. #StocksToBuy #StockToWatch #reliance #nifty
Weekly option selling...follow up
Wait...will decide tomorrow.
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Wait
No fresh positions at this juncture... on index...
Weekly option top band sell, we may decide tomorrow or wednesday...
Reliance
Buy Reliance CMP 1935 with s/l 1913.... target 1964 ...
Hold for a day or two.. #StocksToBuy #StockToWatch #reliance #nifty
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