Timeframe Calculation for the Fall in Nifty;
Here I have verified The Leading Digonal Wave by Wave to clear every doubts anyone still has;
Now this entire Wave 1 has taken 9 Days and some hours to complete;
This is Wave A of Wave 2 which has taken 1 day 22 hours to complete hence Wave B we should give 1 and half day Wave C should also take minimum 1 day; hence a total waiting time Monday and Tuesday or maximum Wednesday Thursday onwards we should see the Fall
Now we know Wave 1 has taken 9 days and some hours; therefore Wave 3 will take around 10 days to complete hence we all can be sure about taking opportunity with this month's expiry;
After the Wave 3 ends we will have a Wave 4 which will be a Complex Correction Structure as Wave 2 is a Simple Correction hence please wait till the Wave 4 ends; once the Wave 4 complex correction is Over I will post the Analysis for Wave 5 which will be again a Good Downward 5 Wave Impulse Wave;
I hope this answers all your doubts and queries; or else please feel free to ask;
I wanna Thank all of you for all the support and appreciation;
Thank You once again;
Niftyoptionstrategy
Nifty 50 Options 29 July 2020Support 11195
Resistance 22353
Today's Call
Buy 11100 PE @ 47 ,SL 40, target 57. Booked profit at 57.
Buy 11250 CE @ 44, SL 39 Target 54/58/65. Booked profit @ 54, made high of 112. (commented that if sustains 54-58 can reach 65, some people booked at higher with trailing SL)
Buy 11300 CE @ 55 for target 90-100, made high of 79.45 (Holding)
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Nifty 50 Options 27 July 2020Support 11114
Resistance 11248
Yesterday's Call to Buy 11400 CE @ 35, booked loss today around 20-21 (Loss of 15 points)
Today's Call to Buy 11300 CE @ 36 for target 62, Hit high 68, booked profit @ 51 and 61. covered today's loss.
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Nifty June strategy (Office People - 5-7% )return Hi All ,
Nifty June future current price 10686 (Create the below strategy when this goes to 10695-10705)
Buy 10700 call 1 lot @ 128
Buy 10700 put 1 lot @ 140
sell 11000 call 1 lot @ 28
sell 10400 put 1 lot @ 55
Minimum capital required for above 4 trade combination 1 lot is 1 lakh , if you have 5 lakhs you can create 5 lots trade.
Generally I restrict people in taking number of lots , this one I wont.
Risk Calculations :
Our buy cost is premium 268 , our sell cost premium gain is 83 ,
Net risk is 185 points (debit) i.e If Nifty expiry happens at 10600 on june 28
Break-even points : If nifty goes up or down 200 points we are break-even on our trade
i.e if nifty goes to 10900 , or 10500 we will start making profit
Reward:
Maximum reward is 103 points if Nifty goes to 10350 or it goes to 11030 , 100 points is 7500 profit per lot for 1 lakh investment.
So Tigers tomorrow if market opens and if you find NIFTY JUNE futures around 10695/705 level , take this .
Hassel free , Let it go in any direction no need to monitor every 5 min .
Please note :
Consult your financial adviser before investing , options are risk , Risk of capital loss involved