S & P

S & P nearing to support...

Hope....may reverse from here....

Will it ?......

Bank Nifty

Bank Nifty one more shift has happened ....now...26085.40...after 11th September 2018...

Watch...

This week option selling - Almost Zero...

Per lot profit 96 points.....

Narayanan says....trade is closed.........

Index

Nifty as long as not closing above 10622 (closing basis)....no further upmove oneside...

Tomorrow .....25721...level to be watched out...

25700 Month End put not closed below 202.....again will it go to 382 ?....

Next Move

25700 monthly strike price...

25700 Call Option .....level....479.80
25700 Put Option.....level....202.60...

27000 Put Option

27000 put option....completed the cycle...

No operator / No Open Interest / No News ....nothing....price moves based on cyclical pattern...

27000 Put fell 300 point  as per cyclical level from 506 to 204.........(check y'day post and understand)...

கேட்கிறீர்களா....இல்லையா,   என்பது ...என் பிரச்னை இல்லை..... ..... நடப்பது இதுதான்.... 

Index

Index no ....Short....

Trading above resistance...

Take care...

Option Selling Hit 350...

25700 Put .....top band is 506.......hit 350 nicely.......... 156 points .....profit...

Bank Nifty

Now 25669 future.....stiff resistance....(15 mintues candle)... 25512 .....support.....(15 minutes candle)..

Option selling

Top band sold.....just 5 point s/l.........

10400 Put Option

10400 put option closed above 93.80........ hope our Narayanan may agree with 93.80.......

Correction..on the cards...

Take care.....

Option Selling

Strike Price - Top and Bottom band identified .....

Net Impact / Profit per lot 38.40.......(our determined profit 40 per lot)

Irrespective of market move....selling option with strategy always generates money....subject to having the level....

Bank Nifty

Bank Nifty Strong support 25103....

Nifty

Now 10307....will act as strong support...

10500 call - December

2nd July 2018.....10500 call reversed and moved oneside from 523...

The same kind of effect....not yet reflected as such...

May be a correction...then...uptrend may start

(Main trend no change in my view......positionally trend is up....)

If you wants to know the meaning of correction.......please check 11000 call and put ...December strike price......you will able to understand....

Index

Index is in "Neutral Zone"..

Both call and put option (25700 strike price)...trading below "Red Level"......

Oneside move...above red ....either call or put....confirms...