Crypto

Bitcoin has to test our bottom level for sure....

Cyclical downside not yet over...

ITC

What a move...... 

Since, had position in Reliance and concentration on Reliance....not able to focus on ITC...

Anyway..... good move...

ITC Bulls are aggressive today.....எல்லோரும் ஒரே நேரத்துல போறானுங்கோ.... 

Nymex Crude

Chart is self explanatory...

37100 put

Bottom reversal point is 9.80.....(quick reversal point)....

Then double....

Watch..

37000 call option

Bottom reversal for the expiry day...

Gupta has en cashed...... 

Says...entered at 47.20 and exited 98.40    (127 and 151 may be the reversal target)

Reliance sequence completed - credit goes to our Mulkey

 

ICICI follow up

ICICI may visit 773 (crucial resistance)..... 

Chart is self explanatory....

Reliance 2500 call

Resistance 48.30...

Support 28.20...

Take care...

Market

Put option roaming near the support... 

Chart is self explanatory....

Rest of the day...

Let us check the setups after 1.30....and decide..

Otherwise..... no trade for sure...

No emotional entries...

Congrats Mulkey

 

Perfect

Based  on Bank nifty resistance ....    he has entered 37100 put option...   .kept target 251.80...      with trailing s/l 169...

Congrats....

Reliance encashed

Thanks Mulkey... 👍👍👍👍👍👍

Booked profit... Reliance 2540 call option..

Entered yesterday at 21.20....booked profit at 29.70...

Perfect analysis.... keep it up...

=================

Mulkey says

Reliance is in his watch list...

His take is upside swing....

Check the call option chart as well as put option chart for confirmation... reversal pattern...

Cheers..

Alert

37590 high formed....

Further uptrend closes above 37627 above....

===================

Bank Nifty

Bank Nifty future 37627 will act stiff resistance / reversal area......for tomorrow...

Bulls

Nifty and Bank Nifty...  bulls may celebrate as long as put options are in sell mode....

As such my take is...any deep cut...will buy call option..