6th OCT STRATEGY. NIFTY NEAR UPPER END OF CHANNEL

Oct 5, 2020

There was a big upper candle today suggesting price rejection. However trend is still positive on HA, CCI and Bollinger. This would mean a gap up opening for next 1 or two sessions followed by downward movement. Levels are shown above.
Would be trading with the sgx nifty trend tomorrow and day after for first 15 mins and thereafter close trades by 0935hrs only to re-initiate after 11am

Oct 6, 2020

Trade closed: target reached

Done for this trade

Oct 7, 2020

Trade active

broken the upper line in initial trade.... time to again go long for this expiry

Oct 9, 2020

Trade closed: target reached

Trade closed now. Booked profit on call options
Bought 11800 put options rs 66 with 50% stoploss.
We should see a market reversal this week or next, for 11500 levels.
Lets see !!