Sunday, November 4, 2018
Next move
Check 25600 monthly call option....Bank Nifty...
This week, price started the journey from Bottom blue...validated the top Red...
This stirke price will give the fare idea of next move....
Check the chart at your end and do analysis...
Saturday, November 3, 2018
(Price / Levels) Vs Other Stuffs
All talks so many factors .....but nothing works out unless price and level confirms...
Here is the proof....
Added so called useless ...Delta // Open Interest / FII / and other idiot logics ...build in Red Line...
Price is Dark Yellow Lines...
When price line is started moving upside and crossing over ...so called Delta/OI/bla..bla...
Then only trend is reversing...
Till such time......all stuffs are useless based on calculation.......Price action / Levels are leaders..
No Thump Rule........like Latha.......
Any logic......should be proved visibly.....with pattern formation....
Thanks to Manoj....for the efforts contributed to develop the criteria (alongwith other criteria)... It took almost 1 month for Mr.Manoj.....
Thanks once again to Mr.Manoj......great knowledge........let us check for next reversal...
Nothing is impossible..........if focus is in one place with belief...
Friday, November 2, 2018
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..)
Thursday, November 1, 2018
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
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