Niftymetals

Saturday, November 10, 2018

10500 call - December

2nd July 2018.....10500 call reversed and moved oneside from 523...

The same kind of effect....not yet reflected as such...

May be a correction...then...uptrend may start

(Main trend no change in my view......positionally trend is up....)

If you wants to know the meaning of correction.......please check 11000 call and put ...December strike price......you will able to understand....

Friday, November 9, 2018

Index

Index is in "Neutral Zone"..

Both call and put option (25700 strike price)...trading below "Red Level"......

Oneside move...above red ....either call or put....confirms...

Gold

Gold just falling as per level....

Now 1196 is final support....

Index

Index today...10600 call 171.80 close above only trend may go up...

Or else...no fresh long at this juncture...

Final support for 10600 call 83.40.....

Volatility range 83.40 to 171.80...

Next Two days trading session - selling option bands

Option selling bands ....sure we may get minimum 40 points in two days....

Thursday, November 8, 2018

Crude Oil

Crude Oil....solid reversal pullback rally 100+ points.....opportunity level posted in the hangout...

Till then....wait .....

There we can enter and encash the reversal...

Take care...and enjoy...

Gold...

Gold as such sell on rally near 1239....

Buy on dip near 1196....

Nymex Crude

Nymex Crude closed below 61.90.....

Trend is still weak.....

Bottom reversal....not validated....

Next reversal level 58.90.....CMP 61.80....

Wednesday, November 7, 2018

Bank Nifty

As long as 25800 call (Monthly strike) holding above 119........as such trend is up...

Index

Index trend is up...

Nifty (positional) support now shifted to 10379
Bank Nifty (positional) support now shifted to 25093....

(Nifty CMP 10548......Bank Nifty CMP 25709)...

(our charts source file : Mainweekly/positional)..