Index

Index....in simple terms...........No short....

Read (Monthly) 26000 call option and 25500 put option charts and be prepared.....

Do homework ..... based on the above information......

HCL Tech...

Our next opportunity.......HCL Tech....

Wants to make money ?....read the chart at your end...............and encash it....

Just Relax

Just Relax and wait....................

Just Caution

Don't try to go long in Index at this juncture.......

Opportunity established...yesterday.....all targets hit....

Now...wait for breakout or breakdown....

Check call premium and put premium.........message is clear......

Read the levels.......

Our Hero exited at 63.20........all position....today.......congrats Hero...............

Nifty

Nifty 10100 call confirms...the reversal target hit....321 target........

Now....no trading zone again.....

Good analysis Punit....take care....

Watch Tomorrow Business Channel - Please

Tomorrow all channel....jokers will assemble early morning and give nice reasons...watch....

They give so many reasons (Gujarat / Himachal ...bla....bla....)  for Nifty trend change (if opens up)......

But....my point is......as told and posted.......levels are confirmed and suggested trend is changing.....at 2.30 candle....go and check....

Anyone has initiated long......be happy and enjoy tomorrow (if market opens...gap up)...

Nifty

As cautioned (refer previous post..."No" shorting)....Nifty trend (swing) reversal happened.....next resistance is 10361 and 10408....

Support is trend reversal point 10232.....

Just trend reversal.......

I Hope, Punit might be having some position in option....or Index......? ? ? ? ?....

Index

Wake up...........trend may change........check the levels.....

As such no shorting the Index.......

Bank Nifty

Bank Nifty as long as holding 24722.70......no harm.....

Tomorrow......we may get solid entry....i feel so....

Let us enter.....if level confirms...

Gold

Comex Gold reached 1241......close below 1241......next level 1228....

Take care...

Lupin

Lupin made a attempt to cross and close above the previous breakdown level....

But...not able to....

Now....Lupin says....no trading zone.....time being....

Just Caution

Just caution.....

We are in sidelines.....as far as Bank Nifty is concern....(refer previous post).....not taken out hurdle level....

My gut feeling says......Bank Nifty lost its strength...... Nifty higher level supply is going on....

As long as my 29th cyclical level not taken out......i prefer avoid buy on dips....

Just be cautious.....market loosing strength.....

We trade in Option and Index futures based on reversals till such time...

Avoid Buy on Dip....

Bank Nifty

Bank Nifty....has to cross the hurdle....as such Bank Nifty...not confirmed the trend reversal......

Just one level is pending to cross......

Nifty

Nifty as such trend continuing from bottom....no change in my view.....

Next opportunity.......we will enter again.............just hang on for next entry....

Bata India

Bata India in our watch list.....if market sustain .....and dip...bata may be buying opportunity....

Check and keep the levels ready....Bang is prepared....

Reliance

Reliance keep in our "option" opportunity list...

Feeling like doubling opportunity on the way.....