Sunday, June 16, 2019

My take


Yes Bank ..... first bottom visible near 72.35...

Lupin...sell on rally...my target 580...

Sunpharma....soon ...we may see 320 level..

All because of growing "Economy"

As per record...inflation is  low.......6000 ltr water costs Rs.3000/-.... this is how economy works...


Saturday, June 15, 2019

Observation


Good interaction with three members today for nifty trend...two hour analysis session...

All are having same view....nifty sell on rally....keeping s/l  12162.40...

Also.... Sheetal shared her observation based on 11600 put option....her observation...if price closes above marked area..then solid positional short (levels may shift next week).....

Her chart is self-explanatory...


Thanks Ms.Sheetal...good going...keep it up...


Friday, June 14, 2019

Index


After a long consolidation from 20th May .....today index close is not in favour of bulls (positional)..

Check the chart at your end...


Today


As such call option premium shrinking is on...

Gap between the price and resistance will be narrowed soon...

Then trend may move upside..

Chart is self-explanatory...


Thursday, June 13, 2019

View


Index no short...

Script...Bata India / Titan / Hind Petro ....no short...


Tuesday, June 11, 2019

Index


Oneside move not yet established...

Strike price 11900 is going to fix the direction... ce or pe.... above resistance sustain... sure.... rally..

Waiting...






Monday, June 10, 2019

Finally


Finally ..... Reliance capital reached my predicted level 88 reached today...



Now....If anyone ....buy here....s/l is 84...

Next downside (one more bottom)...ultimate next brekedown is pending....towards 57...




Index


Trend is as per observation by Sheetal...refer previous post...

Check at your end......


Friday, June 7, 2019

Courtesy : Sheethal




11900 put option....chart is self explanatory

Sheetal says.....price is below resistance....(today made attempt to close above resistance....end of the day closed below the level)...

No positional sell as such...

Just for knowledge purpose...

Thanks sheetal for your feedback and analysis.......good going... keep it up...






Nifty


Nifty positional view... no positional short for sure...holding and trading all levels..

Best way....use swing reversals and trade...

Chart is self explanatory...



Both call and put trading below resistance....

11800 call resistance 405...
11800 put resistance 646...

Interesting point

11800 call trading and holding above support 123.60...
11800 put trading below support 166.90...

Based on above....bulls are having upper hand..

My take....concentrate on swing trades....(next week is going to be our entry)..


Congrats Chotu



Reliance hit the target 1311.40.......congrats....


Nifty


Nifty 11800 put cmp...55......83.40 is stiff resistance.....support 30.10...

No positional trend in Index....

Only swing trades...


Wednesday, June 5, 2019

12000 call


12000 call option 21....will act as support / reversal for tomorrow..

Chart is self explanatory...




Tuesday, June 4, 2019

Index


Index...soon will top out..

If white level shifts above red level...sure sell....

Sequence has to change...otherwise no sell....

(Levels..courtesy...Ms.Sheetal...)



Let me inform...when sequence changes...