Wisdom Pearls from Mahatria,
Extracts from Infinithoughts.Wednesday, July 7, 2021
Extracts from Infinithoughts
Nifty Cyclical Top
Nifty cyclical bottom was 7824.60.....
Nifty cyclical top as per chart says 17166....
Let us see ... what happens..... I believe the numbers... nothing else...
This is for knowledge purpose....
Philips Carbon
Philips carbon longterm pattern still intact....
Last fall...validated the bottom and reversing..... good accumulation last 3 months....i hope it may reach 315 sooner or later......
Always keep the s/l...when you buy stocks at this juncture...
Holdings
Sold 16000 July month end call option @ 101.80..
Sold 15700 July month end put option @ 108.40...
No holding in naked options....(tomorrow definitely, will enter naked option ...target is 30% ROI)...
Sishyan
Says....bought 15850 call option (tomorrow expiry) at 42.60....will hold for tomorrow...
His target is 83....
No s/l... because of expiry tomorrow...
Any s/l ..will decide tomorrow...
Disclaimer : check the chart at your end and act....views are personal...
Next
Non-directional movement as such...
Move will be established soon.....
Intraday players be cautious on non-directional move...
Still... i am waiting for my entry...