Trend

Overall trend... bulls are slowly losing control... as such call options are trading above bullish level..

12500 call chart is self explantory..

(However, we have sold December month end call options..)

Check 12900 put option chart at your in the "template two"

Index

 

Nifty future resistance 13103......for upside trend deciding factor...

Index

 

Nifty future 12742 will act as trend deciding factor...

Top band calls are going to be zero today...

Cheers...

Index

Top band options sold and holding...

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Index

Tomorrow top band 13250...

Take care....

Bank Nifty

 

Bank Nifty future today support point is  29536...

Index

Tomorrow top band 13250...

Take care....

Index

 

Nifty range for the day 13043 ~ 13189.....

Dowjones

 

Dow crossed all time high...  crossed 30000 mark....  

Nymex Crude

 

Nymex Crude CMP 44.72.... upside visible 49.80....closing basis s/l 40.45

MCX 3316..... upside is visible 3423 / 3519 / 3626 .... s/l should be 40.45 based on Nymex...

Sl is must...

Gold

 

Major support 1792...... 

Trend

Nifty...hourly sequence change is far away from the current market price.....also 13500 strike price volatility top is far away...

Bank Nifty

 

Bank nifty stiff resistance is 30169.... may be this rally target...

Index

 

Nifty range for the day 12892 ~ 13004....

"Believe the facts in front you and act"

Gold comex

Gold comex...chart is self explanatory...

Gold follow up

 

Gold reached 49640....

Symbol	Expiry	LTP	High	Low	Open	Close	Change
GOLD	04DEC2020	49600.00	50350.00	49550.00	50234.00	50212.00	-612.00
GOLDM	04DEC2020	49676.00	50400.00	49650.00	50323.00	50279.00

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Gold

 

MCX gold looking weak...cmp 50149.....downside visible ....49640.....s/l...50648

Index

 

This week option band not yet posted in the hangout...

Will post  details tomorrow... accordingly, you can position your trades..

We positioned some options based on 13500 call option volatility range....

Cheers...