11700 call option

Courtesy : Ms.Sheetal...

11700 call stiff  resistance 387......saturation level for Nifty Index...

No positional view for next week..

Next week onwards...we are going to be very much active.... team is set for more analysis - Sheetal/Punit/Saravanan and myself....

More focus on only Index / Options ..... script Reliance...

Aim is big..... let us start from next week...

Congrats team for your efforts...

Index

Now..almost  premium wiped out both in call and put option....and call option is holding the support level...

The volatility band is almost 380 points swing...

No positional view.......next week...

Always swing reversals can be used as opportunity...

Thanks to Ms.Sheetal for the input....

Index

No long...

Don't carryover on election result...

Election drama is over .......  don't carryover the result...

Sell on rally is intact....

I am expecting deep cut in the coming days...

Finally BJP is going to form the Governement

தோற்றவன்  (மன) நிலை 

Nifty

I am maintaining my view...sell on rally....

Premium

Premium now 368 from 532....

Our chotu punit (BJP man) is celebrating ... congrats chotu...

Election

Total premium is 532 points...swing...

As such no position at our end...for election....

My take finally sell only..

Hope...tomorrow ...near to tail end...we may get opportunity..

Sure...will encash...

Don'y carryover

All paid medias ...exit poll predictions may not be right.. (Least bothered who is going to win...A or B...both are useless)...

My point is ...be cautious on longs...wait for wednesday trend set up...

Exit polls - projection..by Media

Loweest 242 to highest 333 swing... 

Exit Polls

Expected as per chart..

Bank Nifty 1720 points swing..
Nifty 624 points swing...

2014 may not repeat for sure...

Let us decide final tally and trade on wednesday...

Index

Ms. Sheetal's observation....chart is self explanatory (pullback reversal is "on")..

Index Future levels for the day...

Nifty resistance  11338.80....support 11262.80

Bank Nifty resistance 29196.90..... support 28848.60...

Revised level.....Reliance Capital

Now...downside target has shifted to 64 from 88......

CMP 106.50...(future)...

Index

Main trend is sell on Rally...

Pullback may be possible .... pullback resistance level 11417...(future)...

I prefer sell on rally....near 11417...(on reversal)...

Index

As such pullback reversal not visible....

Let us see 2.30 candle...