Excited to come up with the video. Let us enjoy the market together. Do let me know your comments. Do take good care of yourself.
11:30 Hrs - 12th Nov 2018
Downside Target - 790-794 zone below 808
Going below 790 - Look for 785 -780's target and take rest.
Missed the last update - do check in the profile page or mentioned below
Last Video Update -Price is immortal
Nice Start - 10 - 12 bucks down from 812-814 zone
Short Term Target Done 20 Bucks Down as expected from 812-814 zone - Did you enjoy the fall.
Against level of 805 - Auropharma is weak. U.S. markets are in line - S&P is 50 points down - DOW is 600+ points down and red.
Likely opens gap down next opening session.
Got 2nd Run downside from 815 highs to 795 - Wow!
Recent Low@775 good one below 790's - can expect a push upside close to 800-805 zone
In between these are risky calls - kindly do not attempt only if you can afford lose else
we suggested it can be big downside yesterday only
long term we are open for 675 levels as per last video.
I cannot put lot of updates when markets are volatile - just remember 771 was key level last time
+/- 1 -2 points down can always be good support
Its trying do all move today only
Last Price@ 767 - Its a downtrend for Auro - Have a look at previous video "price is immortal" to have some clue.
Trading in futures is always risky -if you can afford to lose then only trade.
Auro has reached another important support in 760 -765 zone
Risky Call - for Risky Traders Only - With Strict Stops below 760 - Can expect upside push to 785-790 zone as 790 is important level which i have suggested that going below 790 - we can expect such deep moves. Please check the video.
Going Below 760 - Can puke more on downside
Do not hurry & have patience whenever you take trade.
Last Price@762 - Only for Risky Traders
Current Low@759.50 - All analysis done based on spot price
Sooner or later we should get a bounce from close by levels of 760 - as suggested half an hour back at 10:47 Hrs in previous update.
This bounce can take Auro back in same zone 785 -790 which is now very important zone.
Last Price@ 767
Book small profits at 767 -770 zone or Trail stops below 759 as per spot data - be clear on this- manage your futures accordingly.
As suggested short term we are expecting a push to 785 -790 upside - 790 is important level where next round of selling is expected.
In current situation 759 -760 zone have to hold as support - we already got bounces from close by zone of 760
Have patience - Trading involves lot of patience
As suggested an hour back at 11:53 Hrs - Book your small profits in 767 -770 zone if taken long from close by zone of 760 levels -in case it is not moving above 770 levels.
Try to enter close to 760 levels only -kindly read all comments to connect with me.
Once it starts moving above 770 on sustained basis means not going below 770 then it will be signal for the expected bounce to 785-790 zone
Nice to see a bounce from lower levels of 760's this morning -did lot of struggle before making smooth upside move now.
Nifty Index has also bounced from its day low. Overall its a recovery day
We start the action soon once Auro touches close by zone of 785-790.
Nice Session Bounce in Nifty and Auropharma - Enjoy - We close for the day
Top of 780's was kissed in today's session against our expectation of 785 - 790 zone from bottoms of 760's
Planning for Tomorrow -14th Nov 2018
Any chance to sell in 777- 780 zone shall be short term opportunity for 770- 765 targets downside
Plan to buy in 760-765 zone if 759 is intact downside as It may do disco dance tomorrow between 780's to 760 zone
Because it needs to spend some time so next we plan to sell at the top range close by 780's & buy at bottom of the range which 760's -and dance with the market.
Hope you enjoyed today's exciting session as well. I know 1st session was little tough but 2nd half was good.
Do take good care of yourself.
Last Price@769 - Selling Right at the top from 780's
Good Morning !
Selling Right at the Top -as suggested in the plan yesterday in above comment - shall book somewhere in between 760-765
If 759 -760 zone holds we will dance with the market.
We won't buy unless it holds in 760-765 because chances are more that breaking of 759-760 can take Auro more on downside possibly 745 -750 zone.
If it takes support in 760-765 -we will book & plan to buy with strict stops below 759
Never Trade in between the move - either sell at the top range or buy at the bottom range which was suggested yesterday in comment
Last Price @772
This is 2nd time Auro is falling from tops of 780
1st time from 783 -opening high to 767
2nd time -which is running from 780 highs & trading at 772 - Remember Disco Dance move updated in the trading plan yesterday.
Current day low @767 is not broken then we will book profits from 780 to 769 else we will book below 767 in 760 -765 zone
Bounced from 766 -767 zone - wow! - Disco Dance !!!
Last Price @775
We finished another upside move from lows@ 767 to 776-777 zone - Remember 777 -780 is top range where we always sell - Disco Dance !
Moving above 782 we have another resistance 785-790 zone
790 is most important level for selling - better we will sell tomorrow below 780's or close to 785's later or if we get today.
We sold right at the top@785 - Wow!
If you don't want the risk of taking your position home then join tomorrow below 780's
This time if 760-765 zone gets broken -It will move down to next support zone 745-748 which will be our downside target next below 760 but decisive break below 760 only will take the stock to 745-748 zone.
Good Bye. Take Care
Key Level -785 ----------- Critical Level - 790
Till the Time 790 is intact we will sell close to 790 - No selling trades above 790 mark
Downside Target - 775 - 765 - 760 Below 760 --- Target Zone - 745-748
Our Critical Level @790 was hit - so we are out of the selling trade at the moment & waiting at sidelines - Next only below 783-785 zone once it starts moving down then we shall take sell call for same targets downside 775 -765- 760 & more on downside once 760 gets broken.
Only Risky Traders will take sell below 790 mark. Safe Traders below 783-785 zone as suggested above
yes i did..
ok...will sell my put then..thanks!
squared off my positions....yes as value start decaying in options...max holding for options 2-3days...otherwise risk starts to increase.