Index

Bank Nifty 27600 call option chart is self-explanatory...

We may short options...and encash premium......

We are on already...

Let me post my views on hangout....

Election...Entertainment / Fun Begins

Last time in 2014....we predicted the move....

This time also....election result is going to be based on Index movement of 2nd week of  May...

Crude

Crude hit 1st target 3843

Congrats Mulki

Thank you Mulki.....congrats....

Index

10600 call hit 546 "top out" level...

Hence....my take is now "Neutral"

Reliance

Reliance ...looking hot....sheetal says 1278.60 first target.....1286.80 second target...

Take care...

Nifty

10600 Call option top out 548.90...

Take care...

All the best Mulki

Thanks for your courtesy visit ... Thiru.Ramasamy and Mr.Muthukrishnan today...

Mulki....your learning approach is perfect.....keep it up...

As discussed,  go by your views with our level....

My best wishes.... 

Nifty

My take is ...sell near daily top....

Sell on Rally...

Entry point

Always first entry should be on reversal point...as marked...

Now...call in buymode....anytime....it may fall and reverse....

Hence...always have patience .... and trade on reversals....

Nifty call / put selling range

Based on call / put volatility move......top and bottom band arrived for next week..

Details in hangout...

Simply sell both call and put.....as mentioned "strike price" ...for sure 48 to 62 point profit...

Next Week - Option selling

Last week.....call and put moved between our band...

Next week ........ top and bottom range...selling option....minimum 124 points .... we may encash...

Details in the hangout...

Bank Nifty

Congrats punit....Bank Nifyt hit 1st target 27192....

(Nifty let us wait for entry)...

Nifty

Nifty ...both....call and put ...price is above aqua..

Either one has to close below aqua.......for one side move...

Expiry Option

No trade.....as such....

Neither hit the top nor hit the bottom....

Trend

Now ...both call and put...trading below buying range....

No trade set up as such for expiry...

Either top out or bottom out ... only the opportunity ....let us wait..