Next week... keep reliance in your watch list...
Reliacne 1950 put support is 65...
If breaks then...next support is 31...
Take care..
Next week... keep reliance in your watch list...
Reliacne 1950 put support is 65...
If breaks then...next support is 31...
Take care..
Risk range is very high at this juncture....
Long on scripts / index...always keep s/l and trade...
Be cautious..
Nifty future range for tomorrow 14214 ~ 14478...
"Trading is nothing but, interpretation of sequence change and practice of strategy (not a easy job)"
It is going to be based on india vix chart...
Check the bottom and top band of chart...
If Indiavix touches the bottom level (orange level), then we can sell index for sure...
As such no confirmation, watch next week....
Do homework and study the chart from 14th December to 24th December, you will get the information for the next sequence...
Any doubt call me.... cheers...
Watch Reliance 1950 put option....
If it comes near bottom 20~23... will buy with closing basis s/l 12...
Chart is self explanatory...
Next week range band posted in the hangout...
Check the chart at your end and do analysis...
Will sell top band calls may be on Tuesday or wednesday.
Market is trading above white level.... that is the information..
Waiting for weekly closing below 4th level...
Same time... put option will closes above top level..
Till then... no positional short nifty...
Watch...closely on weekly basis..
Cheers...
I feel distribution.... may be a pullback ... chart is posted in the hangout..
Check the chart at your end and understand....
This week top band (posted hangout last week)...
Top band 14350
We sold topband+50 =14400 call...
14400 call is going to be zero today..
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14700 call month end... and
Weekly top band +50 option sold at 7.30 and holding...