Bank Nifty

Bank Nifty....final support 24916...

Midterm....trend is sell on Rally...

Sharp pullback rally....may be visible...if (read the below chart) call option price closes above....sure relief rally....

Bank Nifty Positional

Bank Nifty (Mid Term positional) downside target 26120 hit......low formed 26115.10...

Waiting

Waiting for entry....if price trades above orange...solid reversal...

Details...will post in hangout....

Last week - Bank Nifty option selling - End result

Last week   "our"   predetermined levels

Top Band       27249 - Strike Price selected for selling 27200 call option
Bottom Band 26274 - Strike Price selected for selling 26300 put option

Sold

17th Monday 27200 call option Rate ..   .129.00
17th Monday 26300 put option Rate....      88.00

Net Premium on selling                   ....   217.00     [A]


Covered

19th Wednesday 27200 call option Rate ... 14.00
19th Wednedday 26300 put option Rate...158.00

Net Premium on covering               ....   172.00    [B]

Total Profit [A]-[B]                          ......   45.00 per lot....

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Last five weeks total profit with capital protection  213 points per lot.................based on our pre-determined level logic...

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Nifty

Nifty today entering into next leg of negative zone...

Now...s/l for positional sell is 11459........

Bank Nifty Option Selling - Status

Yesterday 193.....CMP now (add together - call + put) - 145........net profit per lot 48 point ......

Bank Nifty

Next Resistance 26749...

Now support 26519...

CMP above 26586...

Bank Nifty

Today trend deciding levels ....26586....26519

Bank Nifty

Bank Nifty....near to support/breakdown level 26452....relief (supply) rally ?......

Nymex Crude and Rupee

Nymex Crude....and Rupee....... going to spoil the Index...........

Index

No fresh short at this juncture....

Bank Nifty Selling Option this week

Total premium is 212 ........ now 193.....

26900 call

Bank Nifty 26900 call option..

Support 98.40....1st level 193.40...

Nifty

Nifty Mid term positional levels...

Downside target 10868.....s/l  11654.....CMP 11395.10....

Again....make use of this level....sell call option...in all relief rallies...

Bank Nifty

Mid Term target and s/l

Downside target 26120....s/l   27513......CMP  26879....(Future level)...

Best way to use of this level....selling call option.....in pullback rallies...

Philips Carbon

Philips Carbon hit 231.40...