Continuous Learning

Continuous learning is must to trading in options... 

Trading in script is very very easy and you can make money...if  you follow the bottom reversal points..

Where as, trading in options, needs, continuous learning without break and application of knowledge is more important.. because, the subject is different...

If you are not able to concentrate on regular basis, just quit trading in options.... concentrate of Equity and enjoy...

Setups are repeating, but, you have to study the chart and you have to do the homework and you have to identify the setups and trade.... because setups are repeating.... 

Even, if, you are not ready to do smart work....  you are a fool...  you have to spend time and study the chart, if you want money.... 

Cheers..... Learn... Learn... Learn...

Gold

Gold re entry level is visible near 1805...

Read the reversal pattern charts for swings and act accordingly in the short term..

Nymex crude

Crude may retest 71.80 level.... entry point... 

If price reached 71.80...check call option chart for entry...

Review

Conclusion :

There is going to be a 8x ~ 12x option move is on the cards...

Reference points..... 68, 42 and 12....

Gupta says

Finnifty buy reversal pattern is going to be very sharp like "Top/Sell/Breakdown"..

Waiting for pattern 'Bottom/Buy/Breakout"..

Check the chart at your end and do homework and be prepared...

As such reversal not yet confirmed...

Cheers...       https://www.youtube.com/watch?v=ikjfm4yg1uM

Solid

One fellow is nearing to final bottom.

If price touches the final bottom......  reversal move is going to be 4x move...

Will post the details in the whatsapp / hangout.... 

Check and do analysis at your end and act accordingly...

No free lunch...

 

Will

Start our budget setup review analysis at 2.30 p.m..

Will only discuss / restrict to... option selling top band and option buying bottom band setup reversal points...

Geetha may explain the strategy in detail....

Cheers....

Gupta says

Check the Nasdaq monthly candle closing pattern.... interesting..

You may get a idea about the trend of mid term..

Will discuss tomorrow about Nasdaq also...

Cheers ....      https://www.youtube.com/watch?v=4flSpydY1tA

Tomorrow

Our review is going to be based on the following levels...

Geetha will post the details in the whatsapp soon...

Be prepared for the review...

Tomorrow

Will review the expected Budget setups on options... may be in the afternoon..

Ms.Geetha may present the views...

Will inform the timing in the morning..

Cheers...

Today

No Trade....

No Position..

Will wait for our level and setup...

Cheers....

Trend

Will wait for our entry..... 

As such no setup...

Have patience and relax ... https://www.youtube.com/watch?v=L6jUlvk7GMk

Bulls and call option buyers.... last two days

 

Reliance is bleeding

Yet to form bottom....

Wait...

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

Reliance

Still...reliance is weak.... 

Not yet formed bottom...

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

Reliance

Bottom not yet formed....

Trend is weak...

Next opportunity

Will wait for bottom formation and reversal confirmation...

As such no trade...

Trend

Pullback / sequence changes may happen.... short reversal rallies...

Bottom reversal on options, yet to form..

Act, accordingly.

I will wait for my entry..... 

Cheers...