Friday, December 9, 2022

Tomorrow

Will review... where to enter 18500 weekly call and how to identify the reversal ?

https://www.youtube.com/watch?v=Swlik5Hfu-A&list=RDGMEMCMFH2exzjBeE_zAHHJOdxg&index=3



Trend changing setup

132 will act as vital role.....as such this is trend changing setup...

https://www.youtube.com/watch?v=4dsFQFCvVGU&list=RDGMEMCMFH2exzjBeE_zAHHJOdxg&index=2

Tomorrow Geetha may explain this setup.... timing will be posted...


S & P

S & P... trading below the trendline....

I don't think, trend is strong.... may be supply..... avoid longs..

Allover... price is trading below the demand line...



My take - No change

Range is 17894 ~ 18714..


As long as Nifty (Spot) trading below 18714 ... avoid longs... 

Because.... downside 1st support visible only near 18062...there is no support in between.... read in between lines...

Cheers...

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

Positional Trend - Pattern is changing

As long as price stays above support.... market may correct in the near future...

Avoid longs as such... https://www.youtube.com/watch?v=eM0xNWDVQR4



Congrats Papa

Booked @ 172.60...

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

Congrats Geetha

18700 put entered at 108.80 and booked 75% of position at 154.80.

Balance 25% position kept target 166.80...with trailing s/l.


 

Ware wah

 

Gupta booked profit 18900 call short @ 74.10.... shorted at 114


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

Gupta says

Holding 18900 call short....kept target 81.30

18800 call booked @ 50.20...

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

Gupta holding

Sold 18900 month end call option @ 114...

and

Bought 18800 next week call option @ 43.20 

Equal quantity...


 

Gupta says

Holding 18900 call short....kept target 81.30

18800 call booked @ 50.20...

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

Gupta holding

Sold 18900 month end call option @ 114...

and

Bought 18800 next week call option @ 43.20 

Equal quantity...


 

Congrats Geetha

18700 put entered at 108.80 and booked 75% of position at 154.80.

Balance 25% position kept target 166.80...with trailing s/l.


 

Thursday, December 8, 2022

Geetha says

Reliance 2720 call option buy area is visible near 16.40... CMP 32..

S/l. 12.80 (Closing basis)....reversal target 34.60..

Check and act.... https://www.youtube.com/watch?v=OinGHNpnGtc


Trend

Read the chart posted by Sheetal and understand...

Cheers....         https://www.youtube.com/watch?v=L6jUlvk7GMk


Gupta holding

Sold 18900 month end call option @ 114...

and

Bought 18800 next week call option @ 43.20 

Equal quantity...


Gupta says

Sold 18900 month end call option @ 114...


Wait

For reference point... as such not setup....


Gupta says

Entered 18600 call option buy @ 28.90 and will hold....

Target 78.60...


Gupta says

Booked profit @ 106.80.....

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

 -> Gupta Sold 18900 month end call at 134.80...kept target 93.40 or else will hold... and

Gupta says

Exited 18600 call at 29.80...holding 18900 call short..

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

Gupta is holding 

-> Gupta Sold 18900 month end call at 134.80...kept target 93.40 or else will hold... and

-> Holding weekly call option (buy) 18600 call 44.90.... (Ratio basis not equal quantity)

2 short...1 long ratio..