Bank Nifty

Bank Nifty.....chart is self-explanatory....

I am pretty sure....reversal or relief rally....we will enter at the right time...

Positional Trend is sell on rally is intact....

Bank Nifty Option Selling

This week....Bank Option suggest....no trade...on sell side of both call and put....

Hence....Top and Bottom levels  are not posted in the Hangout....

Index

Index three times made attempt to go up.....failed....

Still...solid relief rally is not yet set...

Will wait...till get the reversal....

If call option closes above Red Level....relief rally for sure...

Till then......be in sidelines...

Index

No trade from our side....either in future or in option...

NIIT Tech - Hit 1232

NIIT Tech hit 1232 in future

Congrats Jyoti....

Waiting

Sure...will not short on Index...

Waiting for call option entry....will wait....

NIIT Tech

NIIT Tech....looking bullish....

Script Option

Selected three script options....will post details ....(tomorrow)...if level confirms...

Sure...we are going to enter...

Tomorrow

I will not prefer short......though main trend is in short.....

Because....relief rally has to be there....

Let me inform....if, any trade is there....wait for my confirmation...

Put Option also suggest ....

Put option also suggest ......positional...still Nifty is sell on rally...

Bottom fishing of scripts...we can wait...

Main Trend

Call option suggest.....only relief rallies...

Still...main trend as per level....sell on rally.....(any change...let me inform)...

As such no position at our end....

Perfect

Nifty...10977 taken out....perfect Narayanan....congrats...

Index

No short.....

Today close above 24902.... .....no short...

No Reversal

Still....no reversal.......

ICICI Bank

Looks weak........

Bank Nifty

Bank Nifty support 24906...
Bank Nifty resistance 25128...