5 Apr - Bears get trapped!

NSE:NIFTY   Nifty 50 Index
SGX Nifty is up by 168 points. It shows nature of things to come till 12th April!

Today critical time is 9:03, from where Nifty and BankNifty are supposed to be up!

But SGX Nifty already anticipate this.

Its unlikely that Nifty and BankNifty will open up so high directly, but a gap up is in store for sure.

Just go long at the opening.
Comment: Buy Nifty 10300 CE Apr series and BankNifty 12 Apr 24500CE at the opening and wait patiently.
Comment: Bought at 119 and 185 respectively.
Comment: nicely both #Nifty and #BankNifty are going up. Just set a stop-loss at day's low and relax. Wait for my next update.
Comment: 13:27 today is the next critical time. Will close long positions there.
Comment: Nifty 10300 CE Apr series and BankNifty 12 Apr 24500CE exited at 145 and 233 respectively. Had bought at 119 and 185.
Comment: Not shorting ....will wait till tomorrow to go long again.
Comment: BREAKOUT: Nifty and BN have given a breakouyt, we nned to buy those options again!
Comment: Bought at 140 and 233 with stop-loss at 130 and 220 resp. Will hold till tomorrow.
Comment: Great, Nifty and BN jumping up! Will carry forward for tomorrow.
Comment: After the fact is over a lot of people will share a lot of know-how, but what's the use? Value addition is when its shared before the fact and market actually follows it!


good...perfect played... same here>>>
pankajvw Sachin_Ghodke
@Sachin_Ghodke, Thanks and Congrats!
wil there be a fall from 13:27?
pankajvw GowriShankar
@GowriShankar, Yes which will continue till tomorrow first 2 hours. Will be of a retracement kind.
@pankajvw, Thanks fr the reply . I was following u fr a while and see they r working.
Btw i am a bear and got trapped with PEs. so will try to exit in nifty dips.
Where would u expect nifty for april series
pankajvw GowriShankar
@GowriShankar, You shall exit tomorrow when I go long again, Abd do not buy PEs again till the time I too go short.