Selling Options

Selling option......first day itself.....achieved  1st  targets...

Index

As such no reversal ........higher level short........

Waiting for some pullback upside....no confirmation as such...

Bank Nifty

Bank Nifty 26100 put....closed above 157......next level is 417....cmp is 239...

S & P

S & P ....now the trend is potentially weak....

May be 200 point cut from current level.....2628.50...

This time...pullback may not be possible...

Just my observation....let us see...

Nifty

Nifty is 10600 call holding above 98....Nifty is holding above 10578....no harm to bulls...

Index

Bank Nifty......trend is up....

Option Selling 45 points encashed

Option selling as such fallen 54 point from selling price....

Our determined target is 45......closed...as such...

Bank Nifty

Bank Nifty closes and trading below 26220......now the trend is neutral....

Index

As such no change in the trend.......i.e...Put has not initiated buy as of today....

Let us wait....

Today...i hope...premium shrinkage may happen...

Already call & put sell premium fallen 12 points....

Option Selling

42 points premium profit for sure....

Index

Narayanan says....breakdown 30% has achieved.....

Now...let us wait for entry.........after correction...

Nifty

Now....Nifty 10634 will act as support and reversal point... (Future)...

Bank Nifty

Bank Nifty....trading above the reversal support...

26192 (Future) is support for the day.....

Take care...

Fresh long not advisable at this juncture...either after correction or breakout..

As such no trade...

Yes Bank

Yes Bank....reversal on the cards ?

I feel...may be wednesday or thursday....sharp upmove may be on the cards....as per level formation of today...

Any change will update....

Trend continuation

Trend continuation.... confirmed.......(shift happened) y'day.......

Will post the details in the hangout....

Let us see......what happens......

Index

Today...Nifty one more shift has happened....

Bank Nifty....ahead of Nifty......

I feel Nifty now only journey is going to start...

Read my positional chart in hangout/mail and act accordingly....