Friday, July 2, 2021

Tomorrow


Will discuss about next week strategy...... 

Thru'  team viewer will explain.... 

May be 11 to 12  or 3 to 4....

I will inform thru' whatsapp / hangout...

Make yourself free.... 


Last week

Last week.... call option buyers..... buy on dip screwed nicely...

Same time, Put Option buyers not able to encash good move, due to higher premium in put option also..

Last week.... premium was almost 680 points......excess premium... nicely swallowed...

However, this week premium is hardly 470 points....

So, next week is going to be interesting...



35200 call

Sishya, i checked your image.....

Your logic is ok....... but, always keep the s/l on closing basis (till Tuesday)...


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Sishyan follow up


He confirmed that....holding the position....

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35200 next week call option

 Sishyan says...

Bought 35200 call at 134.30..... will hold with closing basis s/l 72....



Sishyan follow up


He confirmed that....holding the position....

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

35200 next week call option

 Sishyan says...

Bought 35200 call at 134.30..... will hold with closing basis s/l 72....


Holdings

 

No Position....... at my end....

(Hope sishyan is holding 35200 weekly call option ??)....



15500 put sold - follow up

 Covered / booked profit

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

Sold

 

15500 put option @ 116.80...

Keeping target 97.80...


Sold

 

15500 put option @ 116.80...

Keeping target 97.80...


15900 call short follow up

Covered at 102.90....

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15900 call short follow up


Keeping target 93.40

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Sold


Month end...15900 call option.. sold @ 119....


35200 next week call option

 Sishyan says...

Bought 35200 call at 134.30..... will hold with closing basis s/l 72....

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Sheetal observation not yet initiated....either at 23 or above 67 (hourly candle basis)....


Sheetal Observation

Watch the price action and act....




15900 call short follow up


Keeping target 93.40

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Sold


Month end...15900 call option.. sold @ 119....


Range


Nifty future 15644 ~ 15758.....

"No short cuts in the process of learning"


Thursday, July 1, 2021

Index


15700 call chart is self explanatory...... cyclical pattern has to be completed (in between swing may be there) at any cost....

Forget about the ATH formation.... no meaning...



Reliance


Reliance stiff resistance 2164......

As long as trading below 2164...looks weak...

Avoid longs in Reliance...


This week settlement

Interesting...

Bank Nifty call premium eroded 700 points....whereas Put Moved closing basis in last 4 trading session appr.30 points...

Hence, today... I fixed small target 47 points with strict trailing s/l... due to Put Option not formed new high today, though call moved downwards very fast...

See the put option chart 30 points move (closing basis).... same dates check call premium...almost corrected 700 points....

Always keep s/l on settlement days.... otherwise, capital will be eroded.... you may be brilliant, but, s/l is must in trading...


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34800


Trailing s/l 52 executed......entered at 42.30......  89 not hit....(77.70 high formed)....




Sold


Month end...15900 call option.. sold @ 119....