Index

10400 call option...levels says.....buy on dip....

Distance between the price and bottom yellow........big gap....

Suggesting......any deep cut....concentrate on call option...

நம்பிட்டோம்

As expected..... Sonia says (professional lie)

"Rupee appreciated because of GST collection...."நம்பிட்டோம் ....

Rupee

Rupee just obeying our level....and appreciating...

Mr.Governor ..don't say....because of actions...it is appreciating...

Today Latha may be busy on doing Ph.D on rupee appreciation on her own way of telling stories.......great lady..

It is appreciating based on cyclical reversal....not by any actions....

Option Selling

Last settlement (yesterday).....outcome...

Bank Nifty generated 68 points profit....(8 week....profit morethan 310 points)

Also..this week we have tried....Nifty....generated 3 points loss... 

(selling nifty option...in future...we will execute only in the last week of the month..)

544

1st cycle completed

Bank Nifty 25700 call .....first cycle completed.....

Congrats Jyoti

Good analysis....nice entry....and exit...

Keep it up...

Congrats Jyoti...

1st wicket

Congrats Namo...

Perfect analysis Namo.....keep it up...

Index view

Bank Nifty Positional trend is up now...

Range is 24545 .....(s/l).....upside target is 26108 and 26453.......CMP 25384...

Nifty Positional trend is also up...

Range is 10122.....(s/l)....upside target is 10638 and 10939....CMP 10413

Rupee

Rupee may appreciate.....target 73.13 and 72.89..CMP 73.65...

Bank Nifty is fighting

Bank Nifty trying to break the "Red" wall...

Then ...call option will fly.............

25100 call

25100 call just moving between the bands.....premium playing is going on...since from morning...

My view...trend is up...buy on dip...

25100 call

25100 call ....level to be watched out 26.70...

Bank Nifty

Bank Nifty...now 24710 will act as s/l for all positional longs ......

Second Confirmation

Market reversal confirmed on Monday....based on Red Below.....

Now...second confirmation....continuation of trend today...

Details in the hangout...

Monthly Breakdown 10263

Monthly level not violated......closing above 10263.....

As such no harm to longterm breakdown this month.....(2016 breakout trend not yet broken as such)....