Monday, August 20, 2018

Reliance


Reliance 1214 is closing basis support.....upside target 1242 / 1253  is visible ....cmp 1225...


Bank Nifty


Support 28159.......target 28448.....


Sunday, August 19, 2018

HCL Tech


HCL Tech 1024 above.......visible targets 1049 / 1068...

Read the chart....




HDFC Bank


HDFCBANK solid support at 2045...


Saturday, August 18, 2018

Selling Options - Concept

We must understand.....

Always options are premium product......premium concept itself ....habit of deminishing....

Buying naked options needs knowledge and experience....and you should know how to fight with deminishing value of premium....otherwise ..sure, you will loose your capital....if you trade with naked options....

Most of the traders....always focus on buying naked option....thinking low risk...high reward.....(they should understand.......that it is total risk with capital erosion)...

Wise traders always prefer selling options......to encash the premium .....

Selling options needs, adequate capital (margin money) and technical levels......if you have both....you can make good money with consistency in the long run....it's not a big deal....

Money with Logic......we can make easy money .........(money makes money with logic / knowledge)..

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

Last week......Case study.....Selling options....

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

First Step....we should decide the band of the week......

Last week....Bank Nifty Forecast ...Top / Bottom....

Top Band Range as per forecast is   28909
Bottom Band Range as per forecast is   27520


So....we got the numbers for selling options....

Call option 28900  (top band strike price selling)
Put option 27500   (bottom band strike price selling)

What happened last week ?

Based on above analysis....charts are self explanatory...




Total profit per lot is Rs.45....in two days......with reduced risk and logic......

Same way ...we can do it for Nifty also....

Since, we have logic.........for selling options....we can kill the premium and eat......

Knowledge with Money.......we can make money...

Nothing is great if you  use your eighth sense...




Many Opportunities


Large cap stocks are gaining momentum....delivery based trades are advised.....

No F & O and Options in large cap...


ACC


ACC ....solid upmove is visible...

Strong support level 1473.20...


M & M


M & M ...breakout......target is 993 / 1021 and s/l is 926 (closing basis)....


S & P


S & P ...chart is self-explanatory...

Multi year bull run levels....

3079 may be possible....sooner or later.......


Friday, August 17, 2018

11500 Option Charts



Both chart says....Index trend is up.....

Call Holding Pink.....Put trading below Pink....

As simple as that....


Bata Hit 1024


Bata hit our target 1024...


Jokers



All news based jokers taking view on market......are screwed nicely.......

Who cares.....


Index


Main trend (Positional) is up.......11300 call option is holding the "pink" level...


Tata Steel


Tata Steel finally hit 587....


HCL Tech


HCL Tech.......

Thursday, August 16, 2018

Bank Nifty



Monthly....27700 Call Option chart is self explanatory.......Road map for Bank Nifty...