Hero Motor

Hero Motor following the similar movement of  Lupin....

Take care...

Keep LICHsg in our list...

Gujarat Election Prediction - Just missed by 1 seat

My prediction Max..98 and Minimum 94.......

BJP Made 99...............anyway ....I will say like Gann + or - 1.....

Tsunami - wiped out

Gamblers had digestion problem in the Morning................ market forced the speculators to vomit their positions in the panic....

Moral of the story today is......one day mild Tsunami is enough to wipe out your capital......

Falling market our bottom yellow...scripts are not created more panic...because it was in the bottom range.....

First and Last warning...obey the rule...or else die....who cares... ?

Index

Index as such no harm for bulls....... as long as Bank Nifty stays above 25311 and Nifty  above 10174......

10500 Call

10500 call...trading above 36......cmp 52.60.....will it test 78.80 ?

Read the chart...

Nifty

Nifty 10400 call holding the white level....trading above white level...

As such.....no position at our end....

If...market says swing breakout (not bullish breakout)....we enter again....or else....will wait for opportunity...

If swing breakout.......market top out based on 10400 put bottom level....

Read the chart .....

Application of Knowledge

Bank Nifty still not yet...confirmed the trend change....

No positions at our end...

Whatever may be the events/news.....if my levels are not confirming the trend.....I am least bothered.......about the events/news....

Always remember...trading based on external factors / news / policies......you will never ever make money for sure in trading.......because factors are not in your control........

So...levels are visible and which is in your control / in front of you........use your brain/application of knowledge and trade.....

Index

Index....in simple terms...........No short....

Read (Monthly) 26000 call option and 25500 put option charts and be prepared.....

Do homework ..... based on the above information......

HCL Tech...

Our next opportunity.......HCL Tech....

Wants to make money ?....read the chart at your end...............and encash it....

Just Relax

Just Relax and wait....................

Just Caution

Don't try to go long in Index at this juncture.......

Opportunity established...yesterday.....all targets hit....

Now...wait for breakout or breakdown....

Check call premium and put premium.........message is clear......

Read the levels.......

Our Hero exited at 63.20........all position....today.......congrats Hero...............

Nifty

Nifty 10100 call confirms...the reversal target hit....321 target........

Now....no trading zone again.....

Good analysis Punit....take care....

Watch Tomorrow Business Channel - Please

Tomorrow all channel....jokers will assemble early morning and give nice reasons...watch....

They give so many reasons (Gujarat / Himachal ...bla....bla....)  for Nifty trend change (if opens up)......

But....my point is......as told and posted.......levels are confirmed and suggested trend is changing.....at 2.30 candle....go and check....

Anyone has initiated long......be happy and enjoy tomorrow (if market opens...gap up)...

Nifty

As cautioned (refer previous post..."No" shorting)....Nifty trend (swing) reversal happened.....next resistance is 10361 and 10408....

Support is trend reversal point 10232.....

Just trend reversal.......

I Hope, Punit might be having some position in option....or Index......? ? ? ? ?....

Index

Wake up...........trend may change........check the levels.....

As such no shorting the Index.......

Bank Nifty

Bank Nifty as long as holding 24722.70......no harm.....

Tomorrow......we may get solid entry....i feel so....

Let us enter.....if level confirms...