Wow....

Gupta is going to play Expiry "Casino" with huge qty..... as per logic....

Going to bet 15% of the profit earned this year i.e. last 8 months...

Either Zero or Triple...

My Take : Why zero....you will get, want you want..... proceed.....let us do it....my dear...💜💜💜💜

Monthly expiry

Sheetal says...we may get a solid tripling opportunity in next week.....due to Monthly expiry...

She is going to concentrate on Index option...to kill the money.. 

Details....pay Rs.10000/-,.....she will share the information....

No free lunch...... 

Today

Good expiry week..... trend was very clear...no confusion...

Morning fall was expected....because call option has to validate the bottom as per chart....

Moreover, but option price was well below support from yesterday..... where is the confusion...?...

You should know, how to read the levels and to interpret....

Learn... Learn... Learn...

Cheers...

As predicted

Nearly 520 point volatility....

We used buying reversal opportunity as decided....💜💜💜💜

============================

Index option

No position....in index naked options...

Tomorrow, weekly expiry,  expecting 480 points swing in Bank Nifty....so...no overnight positions...

Let us decide tomorrow...

Cheers....

Gupta says

Bought Reliance 2620 call option @ 55.90 and holding.....

17900 call option

Sheetal has played nicely in 17900 call option.....

Perfect....congrats....💜💜💜💜

Final Round

Geetha has joined ..... entered 39400 call at 155 and exited at 222...

Congrats Geetha....

As per our yesterday homework/analysis.....we en cashed call option reversal....nothing great...

Thanks to Sishyan/Sheetal/Gupta and Geetha for the co-ordination...

Congrats Sheetal

 

39300 Call hit the bottom and reversed

Entered again near 125.30 exited at 203.40...

=============================== 

Yesterday what we have decided and happened today...

Low formed 136.20 and bounced...

The day is over....

298

With trailing s/l....run the position...

39300 Call hit the bottom and reversed

 Yesterday what we have decided and happened today...

Low formed 136.20 and bounced...

The day is over....

==============================

Tomorrow

If there is a volatility.. 

Will use hourly sequence change method 

and

Will enter near the bottom reversal....

Tomorrow is going to be interesting....

Sheetal / Gupta and Sishyan will co-ordinate tomorrow to en cash the opportunity, if arises...

Decide and book

 

Gold

Gold trend is looking weak.... 

My view : Avoid investing in Gold as such..... bottom formation on the cards....may test 1561 

CMP 1766....

Wipro

Playing it cards in advance....    https://www.moneycontrol.com/news/business/mc-exclusive-wipro-holds-back-april-june-quarter-variable-payouts-for-mid-senior-level-employees-9044731.html

Keep cash and wait....that is going to be the strategy now...... solid investment opportunity is on the cards...that is going to be the "Ultimate Wealth Creating Bull Market".....

Mentor

I got Mr.Valliappan as mentor...... condensed my time line 15 years....because of  his 20 years experience.....

Moreover, he hold me to take responsibility and accountable..... that is the love'ly part of Mr.Valliappan.. he never use to give decision.... he shown the way to walk....

Right Mentor is a gift from mother nature...... I respect / my gratitude to nature...💜💜💜💜

https://www.youtube.com/watch?v=gCoNljplgxs

SGX Nifty followers

 

Knowledge purpose

Bulls are active from last month and they have upper hand till today...

Because, bulls are active.... every time, and minor dip, call options are reversing from the support and moving fast....where as, put options are not reversing from the support area...

One must understand and identify the main trend of Index...before trading into options...

Otherwise, you will fail miserably at one point of time...

Index levels / Script individual levels /main trends are more important....

Nifty Main Trend from 19th July 2022... 

Mark this image....because, history repeats itself.....

Under the sun nothing is new.....