Cipla

Today... had a discussion/analysis with our Mr.Balasubramaniam based on "Sheetal..Sheet 5"... about Index and general talk about market...

In the falling market... he identified Cipla and encahsed.... (panel color changed)... good pick and analysis... superb...

Good discussion ... identified some new reference points as suggested by Mr.Balasubramaniam....  will implement it soon..

Always... we should learn... 

Nothing has been fixed,  let us search new avenues and improve.... 

நாம் மற்றவர்களுக்கு கற்பிப்பதும்..... மற்றவரிடம் இருந்து நாம் கற்பது மட்டுமே உருபடுவதற்கான வழி......

கற்போம்.... உயர்வோம்....

Follow up - Before and After - Analysis

Refer my post on 2nd April..... exactly market has fallen (put option bottom reversal point) from top....go and check the hangout (chart details and compare the chart with today's move)...

Today move...same chart.......(chart details posted in the hangout)...

Now...check the same chart - Sheetal Chart ..Sheet No.5 at your end for reversal from bottom..

Knowledge is money..... 

Homework is money...

Continuous learning is money...

Obeying your knowledge is money...

All external factors / news ... etc... etc... are can be used for time pass not for making money...

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What is next

Yesterday hourly sequence changed the swing to upside at 12.45 and continuing....

My suggestion.... forget about the positional view....

Always use the swing top and bottom and trade...

Next week reversal  reference point details posted in the hangout....

Check the chart at your end... follow the same chart next week...if price reaches the reference point, then trend may change...  

Note....next week bottom level may shift and that is going to be the reference point)

Check hangout....

Holdings

No positions....... 

Nymex crude

Nymex crude ... last 19 trading sessions... trading, well within the swing range.....

If breaks down... sharp fall may happen....

My view....mostly, crude may breaks the downside band as per price action.... 

Till such time.... go buy swing reversals and trade...

No positional view / don't carryover the positions overnight...

Cheers

Don't worry, let us catch the reversal from near bottom... as such bottom not yet formed...

Check....Sheetal's chart..."Sheet No.5" and do analysis... 

You can able to find out the low reversal point...from the abovesaid chart....

I will post the details in the hangout soon....

Forget about the news...bla...bla.... follow the chart / your knowledge....

Cheers.... friends...

Next

Stop is going to be 411.08...

Take care....

What is next

Shop is closed.... our day is over.... no position at our end....

Waiting for Anchor visit with Sishyan at 1 pm....

15200 call short booked

 

Booked profit at 46.80......

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15200 call short - follow up

Keeping target at 46.80.......

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Holding

1 lot 15200 call sold at 116.90...... and holding.....

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Sold

1 lot 15200 call @ 116.90....

Keeping target 96.70....or else will hold...

Congrats sishya

Sishyan booked profit 14500 put @ 275........ congrats da...

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14500 put option

 

Sishyan says... holding 3 lots 14500 put option... with s/l and his target price is 195 / 213...

Let us see... what happens.... 

Congrats da sishya...

(My end no naked option positions....)...

15200 call short - follow up

Keeping target at 46.80.......

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Holding

1 lot 15200 call sold at 116.90...... and holding.....

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Sold

1 lot 15200 call @ 116.90....

Keeping target 96.70....or else will hold...

Sishya - Maaja Agaya.

Now... all experts may bark in channels... SGX is down by 240 points, because of  Corona....

Today you may be listening,  many அம்புலிமாமா stories by so called experts... enjoy... 

In the meantime,   our

Sishyan mind voice ...   ware wah.......

Super Da சிஷ்யா..... will meet today afternoon in Anchor man....Deal ah...?

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14500 put option

 

Sishyan says... holding 3 lots 14500 put option... with s/l and his target price is 195 / 213...

Let us see... what happens.... 

Congrats da sishya...

(My end no naked option positions....)...