Reliance

Reliance ...consolidating above 1181....next top is 1386.....

Bank Nifty

Bank Nifty reacted near to positional short level 26936..and holding....

Bank Nifty also not in a positional sell as such...

Nifty

Nifty positional trend change level os 11026....till then.....no positional sell...

Nifty

Nifty relief rally is on......11500 call 53 will act as support....

Namo Pick

Our Narayanan identified ....details in hangout...

Good consolidation

Index...further uptrend.......only after price goes above red level....

As such ......Index "No" short ....

Trade Setup - Bank Nifty Call Option

Gap up.....and consolidating near breakout...

Let us wait for next trade...

Will post the details in hangout...

Uptrend Reversal

Uptrend reversal is confirmed......based on 11 o clock candle...

Waiting for some correction...to enter into next trade (call option)....Bank Nifty...

Bank Nifty

Bank Nifty 26958....support for the current reversal....

11400 call range

11400 call chart is self - explanatory....

11500 call 37 will act as support...

Nifty

Nifty 11800 put ....hit top....and falling...

Nifty pullback is visible as told.....yesterday....

Bank Nifty

Bank Nifty 28000 Put Option.....hit the top....

Index pullback is visible....as mentioned yesterday....as such Index "No Short"....

Nifty 11500 Call

Nifty 11500 call saturation level mentioned 37.......low formed 45.......

This week - Selling Option - End Result

Predicted range (posted)....Top Range predicted 27792.........bottom range predicted 27003....

Today End Result...as per range......selling  option.....Net profit per lot 98 points..

4 weeks......

3 weeks Profit.....almost 164 points...
1 week loss (last week)       6 points..

Net impact..... 158 point profit....following the (option selling) strategy....with pre-determined level..

Bank Nifty closed 27000....

Index

Index....overnight ...No.."Short" Positions....

Reversed 180 points

Bank Nifty...reversed almost 180 points and validated near top...