Solid trade set-up.....
If closes above....violent upside...
If closes below....we will use bottom fishing ....
Will post script and levels in hangout...
Friday, September 7, 2018
Solid
Solid trade set-up.....
If closes above....violent upside...
If closes below....we will use bottom fishing ....
Will post script and levels in hangout...
USDINR
USDINR...predicted level 72.30.....hit 72.10....
Now...it may consolidate / correct......then may depreciate further....
Next
Next option opportunity (bottom fishing).....waiting for stock future confirmation...
Will post details in hangout....
Tatamotors 280 Call Hit
Analysis post about Tatamotors....and details posted in hangout....
Position closed today at 8.80...
Also...our Jeeva entered today morning.....after breakout and encashed...(I hope)....
Congrats Jeeva...
Bank Nifty
Bank Nifty....28000 call chart is self explanatory...
Next position is nearing to target 8.80.....
Thursday, September 6, 2018
Index
Just relief rally......may be max...27712....
Downside Critical Resistance 26936....
As such trend is weak......all relief rallies....sold into.....
No longs in scripts at this juncture....
Avoid investments....
Option Selling
This week....predicted level...posted in hangout....
Strike Price sold 27600 Put and 28800 Call as per logic...
Total Premium - 339.70...
As of Today - 345.30.
Net Profit - 5.60 loss per lot....
Eventhough (if you are not concerned about trend reversal) market moved sharply downside.....still ....the trade is safe........
This is the power of selling option with logic...
Reliance
Reliance .....trading above 1243.20.....
Today range... keeping s/l 1227.80.......1st Resistanc 1258.90.......CMP 1247.80....
Wednesday, September 5, 2018
Bank Nifty
Bank Nifty...finally closed above 1st support 27313......
Hope...relief rally tomorrow....
(If...breaks 27313...then final reversal "U" turn level 27085..)
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