Sir,
If upl goes above 500 on monday then should this premium increase or not ?
iElliottician
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@tanmoyg112, Only it'll increase if upl comes with strong bullish candle on hourly with 4-5% move on Monday or with Gap up.
tanmoyg112
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@iElliottician, thanks a lot sir..any possibility of moving up 5 percentage on monday
iElliottician
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@tanmoyg112, anything can happen, nothing is guaranteed here, you just have to trade high probable scenarios.
suddenPlayer007
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Sir pls update the position after good closing at 520 level
suddenPlayer007
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Sir u said the pattern changed means the high low high low and chart pattern is similar for a couple of months so is that chaged and what's your probabilities now .
Also it took more time to come 400 to 500 and wil the same repeats or rather it can be easy for 500 to 600 pls tel
iElliottician
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@suddenPlayer007, not completely, but little change in the count is happening...
Also after making new high, look for pull back and you'll get nice strong Up move, because new high is important here...
Before that be sidelined...
tanmoyg112
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One more thing weekend factor is considered in time decay??
iElliottician
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@tanmoyg112, yes, every minute is there for moving against our open position.
tanmoyg112
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Sir bought 1 lot upl aug 500 ce at 10.8 and it it trading at 9.75 and I am in loss
I bought 520 ce also with 10 rs and now it is at 4 rs.huge loss
Plz suggest sir what should I do..
If upl goes above 500 on monday then should this premium increase or not ?