Sunday, February 21, 2021

Bank nifty


Bank Nifty next support 34851....

My take is sell on rally...


TCS

TCS let us keep in our list...

Waiting for bottom formation...to initiate buy.... as such no confirmation of bottom formation...

Check the chart at your end and act...


Index


Nifty 15164 /  15412 will act as resistances.... 14676 will act as support...

My take is sell on rally...

Cheers...


Template - chart 3 & 4


Tatamotors put option chart based on template 3 & 4 chart...




Template chart 3 & 4

Thanks Ms.Sheetal...

Both, index and scripts....to identify the bottom reversal...

Bottom reversal points.. can be used...

If naked put option initiates buy...either we can sell index or sell scripts or sell call options 

If naked call option initiated buy...either we can buy index or buy scripts or sell put options..

On 18th put option initiated buy (bottom reversal) and the same has been just doubled ....

This is the option chart bottom reversal ... when, price panel changes to green "Buy"



Continuation of the reversal trend we may use Chart 2 (will upload may be in the evening )...