Niftymetals

Tuesday, December 31, 2019

Index

Trend is weak.... price closed below 12349 setup....(future)...

As such 40 point premium (erode) profit

As per logic.....both strike price total premium eroded 40 points...

Last week 90 points .....today this week already 40 points...

Let us see...what happens..

Bank Nifty

The range is too small....hence...no trade...

Monday, December 30, 2019

Index

No Positional long for sure...

Use swing reversals for entry....

Tomorrow if price goes above...will enter....

Sunday, December 29, 2019

My take is cautious on longs....with proper s/l..

If ...tomorrow price shifts below our "Pink"...then...my take will be sell Nifty...

Let us see...how levels shifts tomorrow...

Chart is self explanatory

Will post details in hangout...if level changes...

Saturday, December 28, 2019

"Not Just Any Ordinary Economic Slowdown," Arvind Subramanian Tells Prannoy Roy

https://www.youtube.com/watch?reload=9&v=mFE4rTq5HWA&feature=share&fbclid=IwAR3x4xZEtpA6NuRAemZCNLGEmhCXj62laCMtaOdtEZARDTO4rlkX0AKgY-E

Index

Chart is self explanatory.... identify the bottom...reversal...breakout -> -> Target ...

Sequence completed......

As such call option...not initiated positional reversal...suggesting "sell on rally"....