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one should always look for buying opportunity in such a extreme strong positive uptrend
any fall in nifty should b used for a buy .
any fall in nifty should b used for a buy .
Comment:
Comment:
heading 10400 seems we r going to form a new 5 digit base
Trade closed: target reached

Sir, I have a doubt in put option could you pls clarify ?. I have bought a NIFTY18FEB10000PE @ Rs16.
1. what if premium goes to Rs.2. I lose only my premium amount for sure. do I need to pay any extra cash ?
2. If goes to Rs.2 , should I leave as such to get settled by the exchange . since my MTM is in minus I shouldn't square off?
Pls clarify. Thanks in advance .
1. what if premium goes to Rs.2. I lose only my premium amount for sure. do I need to pay any extra cash ?
2. If goes to Rs.2 , should I leave as such to get settled by the exchange . since my MTM is in minus I shouldn't square off?
Pls clarify. Thanks in advance .
Reply

@thecsgs, sir its just a projection it can change as per movement and we can just predict a resitatance based on many paramaters like by using price extension
in this first hurdle is near 9575
2nd 10031
case 2
on monthly chart if we do price projection by using abc points as low high and low
we get monthly resistance at 9300 ( where we saw nifty to consolidate and taking resistance)
next 9981, then 10848.
so exact top or target is hard to forecast ( atleast for me).
in this first hurdle is near 9575
2nd 10031
case 2
on monthly chart if we do price projection by using abc points as low high and low
we get monthly resistance at 9300 ( where we saw nifty to consolidate and taking resistance)
next 9981, then 10848.
so exact top or target is hard to forecast ( atleast for me).
Reply