Nifty

Nifty closed above 10685.....now visible target upside 11215.....

Now s/l for all longs 10619.70...closing basis....

CMP 10915.....

As per chart pattern....positional trend next 4 or 5 weeks....trend may be up....(in between volatility may be 180 to 235 points)...

My take is as long as s/l 10619.70 holds....buy on dip...

Biocon

Biocon....weekly level closed above 613.......now trend is up..

Keeping s/l 601.....upside targets as per level looks 654  /   672...

Always s/l is "Must"

Congrats

Congrats...........

Bank Nifty

Bank Nifty....today next shift....

Bank Nifty Selling Option

Almost neutralised......39 points... profit per lot as of today...

8th consecutive week......total profit 536 points.... (only 1 trader per week...total trades 8 )...

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...