Wednesday, December 7, 2022

Nymex Crude bleeding

CMP 72.40....

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Nymex Crude

Deep cut on the cards.... CMP 74.50....




No comments:    

Positional Trend - Pattern is changing

As long as price stays above support.... market may correct in the near future...

Avoid longs as such... https://www.youtube.com/watch?v=eM0xNWDVQR4



Maruti

Maruti 8600 Put Option ... buy on dip..

Upside target visible 191.40... cmp 139

Cheers...                   https://www.youtube.com/watch?v=Qw0SM_TU20c


Why Option selling is stress free ?

As per level.. call premium eroded 180 points, at the same time put option gained hardly 12 points.. power of premium shrinking...

Option selling is an Art.... stress free, if you know the subject...

Gupta is master in selling option..... 

Geetha is Phd in option selling...  waiting for funds to start with...

Learn option selling....



Positions

As such no naked option positions..... since, reference points (Call and Put) are roaming in the mid point..

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Gupta is holding 

-> Gupta Sold 18900 month end call at 134.80...kept target 93.40 or else will hold... and

-> Holding weekly call option (buy) 18600 call 44.90.... (Ratio basis not equal quantity)

2 short...1 long ratio..


Geetha says

113.40.. upside...


Index

Sheetal says... consolidation suggesting downside...

Check at your end and act...

(Reference point is faraway) 


Congrata Geetha

Entry at 103.70 and  (kept target 133.40) exited at 127.70 .. revised and booked profit


Trend

Nifty as per reference point...volatility is going to be 98 points...

Also.... 12 o clock, expecting call option pullback... may be 20% ~ 30%.....

Check the sequence pattern and act...if setup confirms...

Cheers...            https://www.youtube.com/watch?v=M63c2akuTp4


Congrats Da Gupta

18900 call option short at 157.80 and booked profit @ 119.20..

Hit the top, in the morning.....reached the target as expected...

Good trade...


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Gupta sold

18900 month end call option @ 157.80...


Gupta sold

18900 month end call option @ 157.80...


Bank Nifty

As such premium is 345 points, volatility on the cards...

Wait for reference points....

Or wait for sequence change setups..

Cheers...