Tomorrow

My take is sell on rally..... already we have some positions (calls sold)...

Planning to sell again call options...

Because call option closed below support on friday.... tomorrow levels may shift....and price still below support (White level) sure will sell call option..... 

Call option details posted in the hangout.....be ready for tomorrow..

Next week

Next week premium encash range 10750 ~ 11550.....

Take care...

Index

Waiting for niftybees topout...

Next week top level may change....

If price touches top....nifty top out...

Will post details in the hangout....check at your end and do some homework...tomorrow..

Hahahaha

Gold

Gold has crossed 1900 .... cmp 1903.... marching towards 1949....


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Gold

Gold...trading near golden crossover area ....upside targets 1833 and 1949...

CMP....1776 in dollar terms....

Index

Sold 11400 calls...

Trump’s performance is incredible.

Reuters India

@ReutersIndia

U.S. records 2,600 new coronavirus cases every hour as total approaches 4 million

U.S. records 2,600 new coronavirus cases every hour as total approaches 4 million

U.S. coronavirus cases were approaching 4 million on Thursday, with over 2,600 new cases every hour on average, the highest rate in the world, according to a Reuters tally.

Bank Nifty

Bank Nifty vastly under performed nifty...

Not good....

Be cautious on positional longs in Bank Nifty...

Next week is expiry... hence,  swing trading approach may be good...

Index

Positional trend no change...as such uptrend is intact...

August put option chart is self explanatory...

Premium Encashed trades

11300 and 11250 call zero as predicted...

11300 call top band 28 confirmed.... this week close definitely is going to be below 11300... hence, we sold 11300 call and 11250..... also 11900 put...

All booked...0.10...

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Index

Uptrend is neutral...tomorrow if market goes up...again will sell 11300 call weekly...

We are holding 11300 call and 11350 call short.....

Who cares...

Weekly settlement trade...will post in the hangout in the market hours....

Today

We entered at 63 and exited at 55..... target 110 not hit.........

Booked 8 point loss..

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Index

23100 weekly call is in our list...

Index

23100 weekly call is in our list...

Index

We sell call option in the morning.....

For weekly settlement, any naked option buy ... will post in the hangout...

Tom Demark says S&P 500 will see 3,500 before peaking

https://www.marketwatch.com/story/stock-market-timing-guru-tom-demark-says-s-p-500-will-see-3-500-before-peaking-11595421075?mod=home-page

Titan

Titan looking strong..... visible upside 1097 in the coming days...

Index

Uptrend is neutral...tomorrow if market goes up...again will sell 11300 call weekly...

We are holding 11300 call and 11350 call short.....

Who cares...

Weekly settlement trade...will post in the hangout in the market hours....