Expiry Strategy: Sell 370 Call May @3.3 & Buy 380 Call May @ 1.7Trend is continued to be in consolidation phase between 310 and 400 levels. It wanders around 200 day EMA while MACD signals negative bias by staying below zero line. Expect it to stay below nearby resistance level of 370 till this expiry. As election result is on due, would like to adopt spread strategy. Lot size: 2667.
Options
Expiry strategy: Sell 220 call @ 4.6 & Buy 225 call @ 3.4.Trend continue to be negative as 50day EMA below 200day EMA. As well, MACD confirms the downtrend. Recent reversal from 200day EMA signals expiry would below 220.
By considering major event (Election Result) in the upcoming weeks, prefers to execute spread strategy rather using our regular naked strategy.
Expiry Strategy Apr: Sell 700 Put @ 5.4 & Buy 680 Put @ 2.7Recent bounce back from buying zone which is between 50-day and 200-Day EMA confirms the bullish trend. As well, MACD signals impetus of the existing trend. In the coming days, if any stay above 775 level would take the stock to next upside level comfortably. Expect it to expire above 700 level. Lot size: 1200
Expiry Strategy: Sell 290 Put @ 1.5It witnessed a turnaround by finding a breakout from recent consolidation. As well, MACD confirms the trend reversal. Expect it would expire above 290 level for this expiry. Due to low liquidity, advised to execute the transaction by placing a sell order @ 1.5.
!!!! NIFTY BREAKS 10870-10920 RANGE !!!!!NIFTY BREAKS 10870-10920 RANGE
(BAR OPEN AND CLOSE RANGE)
HELD ABOVE THE RANGE FGR A WHILE
HENCE EXPECT A NEW RANGE ON THE UPSIDE
BUY NIFTY NEAR 10930
STOP@10910
TARGET@10980
PRICE LEVELS ARE PER CASH LEVELS
PLEASE ADJUST FOR FUTURE LEVELS
OPTIONS TRADE MORE VIALBE
BANK NIFTY LONG TRADE JAN (OPT)BANK NIFTY LONG TRADE
CAUTION IT IS A RISKY TRADE
TRADE ONLY FOR WILLING RISK TAKERS
"IF YOU NOTICE 50-DMA CROSSES THE 200-DMA"
WHICH WE REFER AS THE GOLDEN CROSS
IN TECHNICAL ANALYSIS
THE INDEX AFTER A VER LONG TIME IS NEAR TO TEST ITS 20-DMA
AND I BELIEF IT IS THE RIGHT PLACE TO GO LONG WATCH OUT
AND USE 26870 TO ADD POSITIONS
AND 26770 AS A STOP
I HAVE BROUGHT OPTIONS ON BANKNIFTY
31ST JAN 2019 28000 CALL OPTION
BUY 28000 CE @115
STOP@60
TARGET@300
LOT:20
QTY:500
Expiry Strategy: Sell Jan 320 Put @ 2.25. Lot size: 2667Recent crossover above 200-EMA and stay above resistance (plz refer the resistance line in chart) would bring back the positive momentum in the stock. As well, MACD reiterates the same. Expect the stock would find it closing above 320 level for Jan expiry.
INDIA VIX - OPTION SELLERS BEWAREVolatility is back in the markets after a while and does not look like it will cool off anytime soon.
Another series of spikes is expected which can take INDIA VIX to 25.
Weekly chart of the volatility index shows the range between 16-25 for coming months.
High VIX = Inflated premiums on option contracts.
For beginners ,
India VIX is a volatility index which measures market expectations of near term volatility.
It indicates the investor's perceptions of the market volatility in near term and is based on Nifty OTM options. Higher the India VIX values, higher the expected volatility and vice-versa.
As the volatility index rises, one should become careful as the market can steeply move into either direction
- Animesh Vashisht
Expiry Strategy: Sell Dec 90 Call @ 0.5Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5
Expiry Strategy: Sell Biocon 720 Call @ CMP 3. As price continue to stay below short term downward trend line and close below 50-day EMA with bearish engulfing would keep the trend under bearish territory. Expect Nov series would expiry below 720 and would fetch return of more than 20%p.a post expenses includes brokerage and tax.
CGPOWER: SELL at 38 with Stop-loss of 40 Target of 30.50CGPOWER is on a downward projectile. Wait for level of 38 and Short CGPOWER only around 38 with Stop-loss of 40 (on closing basis) and Target of 30.50
Expecting CGPOWER to get in to short covering rally starting tomorrow. Wait for the level to come in.
WHAT HAPPENED WITH MARUTI? 10000 to 6800 Journey!Maruti reached its 52W high at 10,000 and has been faaling continuously since then. The way Maruti % fell shocked alot of people, However it was not all that difficult to determine the fall and I will share, how I proceeded and made money in Maruti 5.71% .
On 25 July, Maruti reached its prior top weeks high zone of 9900-10000 again. It was a good resistance and If it is broken with Good volumes, Maruti can go upto 12K-13K, The next day Maruti reversed from the resistance zone and created a Double Top (as shown in the chart), also the Day Candle formed a Bearish Engulfing Pattern which indicates the start of the downfall.
Double Top Pattern is a fairly successful pattern and Share is expected to reach the neckline at 8200-8300 zones before changing its direction.
Maruti immediately the next day formed a large 500 points Bearish Candle which gave me good profits, And I continued waiting for my Initial target of 8200 (Neckline). In the meanwhile share gave a lot of green candles, But I since I was already in profits, I had margin of bear some green Candles.
Each time Maruti showed a couple of green candle, a Big Red candle wiped out gains forming Bearish Engulfing Pattern repetitively, which posted my confidence. Share reached up to 9000 after that Rose 250 points.
I though of squaring off position but the prior experience showed that there has not been 3 consecutive green candles in the past 9 months, So I decided to wait for the next day. Maruti reversed and showed red candles for the next 3 days and formed a 3 Blacks Crows pattern, which is sign of huge fall coming.
Near 14 September One Gap Up for formed, but the next day there was a Gap Down thereby forming a Evening Star Pattern.
On 19 September, Share finally reached my initial target of 8200 after I squared off and decided to play a LONG STRANGLE, to up my possibilities of winning. I took a Put and a Call at 3% Difference.
Soon The share broke the neckline and started to go more downwards, I squared up my call and waited for gains in Put.
Every person has different way of Analyzing. But the idea is to hold onto your faith and continue with your strategy. Even the basic Candlestick patterns have the ability to reap you awesome results.
Thanks, i hope this is Helpful.
Keep sharing the list of shares you want an analysis on. Thanks :)