Sold

 1 lot 15500 put option month end @ 139.60...

Today - Team work

Today... it was a good day...

Perfect co-ordination before enter into 34800 call option....

We segregated the charts/work and watched.....

From 11 o clock to 1 clock,  restless moment..... price action was so perfect.....and like NASA scientist, Sishyan was updating his views every 15 minutes...

Finally at 12.55.... sishyan has given the signal "be alert and ready" to enter the trade...

Exactly 1.05 he told to buy 34800 call..... great moment...... 

We all collectively worked and entered.....   

Good work.... Thanks Sheetal / Sishyan & friend Narendran...

Trend

Nifty future stiff resistance is 15917......

"Always talk / get straight to the point"

Holding

Holding....

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Sold

1 lot....July 16200 call option @ 96....

Follow up - put options bottom analysis

 

This is the reason....

From bottom put options are doubled.... it may not sustain, because of premium erosion on monthly expiry... 

 (No trade from my side... due to monthly expiry...if this would have been a weekly expiry.... i would have entered and encashed)...

This is how market reacts..... 

============================

My take

The day is over...

Because all put options are hit bottom level also...

My take

The day is over...

Because all put options are hit bottom level also...

Hence, my day is over.....

Let us not get confused with swings from here....

Sishyan Says

Yesterday his bottom buy.... avoid today.... will enter tomorrow...(refer yesterday hangout post)..Avoid today..... or else...the buy rate is Rs.31....with closing basis s/l 28... (check 63 hourly sheet)...

Also..  he says...

He entered 34800 call at 106.80.... and holding with trailing s/l....... his target is 242 and 287....

15600 put short - follow up

Will cover and book profit at 0.10 paise... 

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Sold

2 lots 15600 put today expiry at 8.20....

Congrats friend

Bank Nifty trade is over.....

Check - white-Red Sheet...

Check 34800 put cuts white..... 1 o clock candle...

same time

34800 call hit 158.10 target......

Entered at 108.55 and exited at 152....

Premium came down to 85 points from 212 points.....after that 1 o clock sequence changed, entered and exited...   trade is over just in 4 minutes...

The day is over...

Follow up

Now the premium is 152......good going...

Price action is always "Boss"

Let us wait for more premium erosion....

As such no position in "Naked options" buying...

Waiting.... waiting.... waiting..... for levels to confirm the trend.... Either call or put...

========================== 

Bank Nifty

Premium is around 212 points.......hence.... sequence change may happen, once premium near to 80 point..

Take care....

Sold

2 lots 15600 put today expiry at 8.20....

Sishyan

Sishyan says....

He may enter the trade after 1 o clock.....

He is watching 34600 to 34800 strike prices to determine the trend....

Any information... will post in the hangout...

Bank Nifty

Premium is around 212 points.......hence.... sequence change may happen, once premium near to 80 point..

Take care....

Index

No range.... will concentrate on expiry sequences trade setups...

"Go and search, universe will guide you"

Check

Sishyan's hangout chart...follow up

Also...please check the same chart in "Cross over" sheet...

Chart is self explanatoty....

More focus

More focus for tomorrow may be as per Sishyan analysis posted in the Hangout in the morning...

I am giving more attention on sishyan's today analysis...  (with proper s/l)...