Trend is right.... as per our previous analysis (read the old post).
Still... 410 points left out...... 110 point premium has been swallowed...
Now, swing may be 400 ~ 420...
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Knowledge purpose....
Good analysis Ms.Sheetal...
Market swing is going to be 520 points based on call and put swing levels...
End of the month (expiry) either one has to reach the bottom.....
This is how market and options are moving through out the month... so, trading in naked options are not a easy task, without understanding the cyclical pattern...
In between the cyclical move, naked option buyers, normally blow their capital and blame the market...
Before trading in option... learn the concept of options..... learning is must...
Never ever trade options, based on Index analysis.... (Index values doesn't have time decay / premium)...
Chart is self explanatory...
