Take Care...

Nifty and Bank Nifty....Based cyclical reversal.....bottom band analysis, my view posted in Hangout.....

Till then....don't think of investment..........at this juncture...

Take care.....

Follow up

As such no bottom fishing....Index .....still long way to go...

(Only...our Rajesh Gopra having very very small qty in 3 scripts for training and learning curve purpose.... to understand the market)

We don't have any position in any scripts....we are free birds..........this is the power of not buying scripts in the top yellow.....

Funda"mental" Bulls are crying....who cares......

10436 ....fantastic number

Superb number 10436............

and 38.20 taken out......bulls trapped........

Index....

Index as such No "Short" at this juncture....

10600 call 38.20...will act as reversal point ...from now....CMP 52.20...

151

First level 151...

Casually encashed

Just casually encashed with 45% ROI....

Nifty 10000 Put entered 29.90 (on thursday) and exited today at 43.95....

Index

Don't view Index on political factors....you will fail....

Next week Index move...study the Nifty Strike Price 10400 Call and 10600 Put levels...

Also....Bank Nifty 25100 call and 25400 put option levels for next week.....

"Narayanan Iyengar" says ....sell on rally....

Nice Quote

"The market doesn't wait around for you to catch up. It is a moving target, and when situations change, you must know instinctively what your next move is going to be..."

My point is follow our Level and Rule......

In simple terms, we are here to make money.... to catch the opportunities....on each and every reversals....as per Weekly/Daily level....

Don't give much importance to useless economic numbers... which is "always" irrelevant for traders......

Good

Narayanan.......perfect numbers......hope your number will validate soon.....

Your bla...bla...GDP / IIP is perfect ! ! ! !......

Weekly Option

Good analysis and entry Narayanan...

Index

Both Indexes ...staying above weekly orange level.....and below....Red Level....

Both level will act as trend deciding levels...

Congrats

Congrats Narayanan........very nice...you are in line with levels.....

Index

Index....is in trapping zone.......near support or breakout ....our next opportunity...

Index

Index now stiff resistance ......Nifty 10624 and Bank Nifty 25755....

Index now strong support.......Nifty 10519 and Bank Nifty 25431....

Patience

To others.......my travel may be looking like this....but...i know my destination.....accordingly i am riding with my Goal.......

(கண்கெட்ட பிறகு சூரிய வணக்கம்...முட்டாள்களின் குணம்)

Will never ever change my trading style....or attitude......just for others...... my way is different...i will be different....

Just Doubled

Congrats Boominathan....................perfect timing......descipline...you encashed almost 100% ROI..

Your 25600 call rocked....