10500 Put Option - January

Perfect invention....by our lady analyst.....Ms.Sheetal....

Keep it up ... good start....

S & P follow up

S & P my view on 6th December....as per chart (not based on news / fundamental / econimic or Crude Oil...bla...bla..bla)...

Mentioned 15% fall anticipated.....from 2656.......

Yesterday close is 2342.....validated 15% fall from 2656...

Still the trend is weak...

Moral of the story....all external factors are useless....i.e.news / dollar /fundamental / fed / rbi / econimic decision / crude oil / PCR ratio / Open Interest / Maximum Pain /.FII buying / FII selling / .....

Please throw all the above items in the dustbin and read the price action and level....otherwise.......you will never ever make money in this market ...if you following the useless stuffs.....ignoring/ eliminating price and level.....

Price and Levels are exist/live in the present...all other stuffs can be used for Post-Mortem analysis..

6th December 2018 (weekly close)....chart mentioned in the above post...

Yesterday close.....

Learn ...how to read the price action and levels....rest all will fall in line with your price /level analysis...

Still S&P looking weak...

Index

In simple terms.....sell....

Nifty and Bank Nifty.....today closed below breakdown level..

Our lady analyst says ....Index downside targets...

Nifty...10580.80  and Bank Nifty 26258.90...

CMP...Nifty...10694.....Bank Nifty....26810....

Index

Put Option ........price is above yellow..

Index ...in simple term..... sell mode...

Chart is self explanatory..

Congrats

Patience always rewards...

Levels always rewards...

Congrats Namo...

Sold call and covered....

Index

Details posted in hangout ...check...act accordingly....

Index

Bank Nifty and Nifty...as such not initiated short....

Let us wait for confirmation ...to enter into buying put option or selling call option...

Check hangout for details...levels posted...

Will wait

Will wait for put option buy......next sequence....till then....no naked buying in option...

Watch

Nifty 10500 call 435.40...will act as deciding factor .....

Nifty

11021...may be the top for today...

Index

Now...nifty closed above 10912.80 and bank nifty closed above 27098.30...trend has aligned with main trend...

Index

I will wait for next sequence......i.e..buying put option or selling call option..

Our logic / Kitchadi of all parameters.....formed low....

Let me wait for put reversal....

Nifty

Nifty 11000 put option....no reversal as such.....

Fresh long at this juncture....not my food...

Will wait for Nifty reversal...till then....no trade...

26700 Put - in our reversal list

If the same sequence (as marked) happens tomorrow or day after tomorrow....we will enter into put option....or else....let us wait for opportunity..

Tomorrow

My preference....will wait for put option entry...otherwise no trade...

Let us wait

Though index trend is up......our next entry should be in Put Option or Sell Call Option...

Sequence may change soon.....let us wait for sequence.....till such time......no trade....

11000 Put almost made the low......hence....let us have patience for our next entry...