HCL Tech

HCL Tech hit 1078....without any hurdle (positional trade)...

Bank Nifty

Bank Nifty Future....next support 27828....

Index

Now...index is weak....no longs.....

Nifty S/l           ....  11734
Bank Nifty S/l...... 28294

Selling Option

Bank Nifty total premium is appr....296...

Bank Nifty

Bank Nifty solid support at 28143.80.......

Bank Nifty

28200 Put..........294...
28100 Call..........69...

Put is trading above the (Aqua) Level...

Selling Option

Tomorrow will post details of Top/Bottom forecast levels...in hangout / watsapp...

Start with 1 lot basis.....with proper s/l ....(i.e.top band / bottom band as closing basis)...

Bank Nifty

As such Bank Nifty put is trading above (Aqua) Level...

If put closes below (Aqua) Level...sure...will enter call option....

Nifty Trend (Main Trend)

Nifty positional trend is up.......as per call and put charts...

USDINR

Rupee is weakening as per level....

Remembering this now....

சொல்லுதல் யார்க்கும் எளிய அரியவாம்
சொல்லிய வண்ணம் செயல்.

HCL Tech

HCL Tech....my target is 1078.....after a good consolidation.....moving upside.....

This month.....HCL Tech....in our list...

End Result - Last week option selling

Pre determined top and bottom level - last week.....to identify the strike price to be sold...

As per chart....identified appr.top 28900....appr.bottom 27600..

Bank Nifty 28900 call chart...and profit..

Bank Nifty 27600 put chart....and profit...

As per our strategy.....premium eroded per lot (profit) Rs.57.40......

Money / Strategy / Patience.........is key to success....../ profit...........

Index

Bank Nifty chart is self-explanatory

SBIN

SBIN 305 call option reversal buy level 1.60.....either zero...or 3.90....settlement trade...

28300 call option....Levels

56 is solid support .....

Congrats

Congrats Pradeep.....good reversal entry analysis...