Message from Sishyan....."no reversal formation yet"
Wednesday, February 3, 2021
Gold
Crazy consolidation....
Big move... on the cards.... after consolidation...
Wait for trend confirmation... as such "no trading zone..."
அரைவேக்காடு Technical Analysts last 2 months...
அரைவேக்காடு technical அனலிஸ்ட்ஸ் reading the charts last 2 months...
All speaks... FII buying.. Cartel.... DII buying... but, Market is always right.... going as per weekly reversal... monthly reversal is also right... up normal move, however, all within the levels...
Market is going by levels not by external news / factors.... அரைவேக்காடுகளுக்கு இது புரியாது....
Index
Tomorrow... our strategy should be hourly sequence change between 10.30 to 2.15 sequence....
(Bulls above 14669... completed the first sequence 14885.... next top may be 15011.....don't be greedy)..
13500 call
13500 call short ... 1 lot exited at 323...... (61 points plus encashed - net)
Will sell again if goes near 378..
Holding - 13500 call ...2 lot short and 13800 put....1 lot short...
Nifty 14885 hit
Booked at 14885... morning perfect breakout 14765...
Holding 14800 call - 3 lot short (now cost is 384.60...after nifty long trade today)
Holding 14500 put - covered at 178.... and sold 14800 put - 1 lot...
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Nifty
Nifty future will keep target 14885...
14500 put kept target 178... then will shift to 14800 put...
Take care...
Next setup
Waiting for next setup... (already from bottom one trade is over)....
Next trade, if, price crosses above orange....will enter....
Have patience...
Bharti
Bharti perfect cyclical move.... reversal pattern always will be sharp.....
First trade setup is "Patience"
Index
Resistance is faraway..... suggesting...buy on dip...
Weekly band details not posted... since, trend is up... no point in watching bands today...
If, we get confirmation top band sell tomorrow... I will post tomorrow in the running market...
Nifty
Nifty future will keep target 14885...
14500 put kept target 178... then will shift to 14800 put...
Take care...
Reliance
Reliance hit 1964...
My take is buy on dip again....
Holding
14800 call - 3 lot short and
14500 put - 1 lot short
(14800 call kept target 169..bounce back area)..