Niftymetals

Monday, November 5, 2018

Trend

Main trend is up....no doubt...

Always....correction....bound to happen...

My take is buying call option near the reversal point (as marked)....

Will wait for my entry.... as determined by the level.....till then....just watch...

Option Selling

This week...we will sell option ...oneside........minimum 69 ....maximum 98 points.....

Now

Now.....

Sunday, November 4, 2018

Next move

Check 25600 monthly call option....Bank Nifty...

This week, price started the journey from Bottom blue...validated the top Red...

This stirke price will give the fare idea of next move....

Check the chart at your end and do analysis...

Saturday, November 3, 2018

Script Call Option

Script call option...ready to fly......

Details check hangout...

Check Hangout and Mail

Check Hangout and Mailbox....

(Price / Levels) Vs Other Stuffs

All talks so many factors .....but nothing works out unless price and level confirms...

Here is the proof....

Added so called useless ...Delta // Open Interest / FII / and other idiot logics ...build in Red Line...

Price is Dark Yellow Lines...

When price line is started moving upside and crossing over ...so called Delta/OI/bla..bla...

Then only trend is reversing...

Till such time......all stuffs are useless based on calculation.......Price action / Levels are leaders..

No Thump Rule........like Latha.......

Any logic......should be proved visibly.....with pattern formation....

Thanks to Manoj....for the efforts contributed to develop the criteria (alongwith other criteria)... It took almost 1 month for Mr.Manoj.....

Thanks once again to Mr.Manoj......great knowledge........let us check for next reversal...

Nothing is impossible..........if focus is in one place with belief...

Friday, November 2, 2018

Bank Nifty

Details posted in hangout on 31st October 2018

Today closing

Trend is up.....

Index

10400 call option...levels says.....buy on dip....

Distance between the price and bottom yellow........big gap....

Suggesting......any deep cut....concentrate on call option...

நம்பிட்டோம்

As expected..... Sonia says (professional lie)

"Rupee appreciated because of GST collection...."நம்பிட்டோம் ....

Rupee

Rupee just obeying our level....and appreciating...

Mr.Governor ..don't say....because of actions...it is appreciating...

Today Latha may be busy on doing Ph.D on rupee appreciation on her own way of telling stories.......great lady..

It is appreciating based on cyclical reversal....not by any actions....

Option Selling

Last settlement (yesterday).....outcome...

Bank Nifty generated 68 points profit....(8 week....profit morethan 310 points)

Also..this week we have tried....Nifty....generated 3 points loss...

(selling nifty option...in future...we will execute only in the last week of the month..)