Buying Spencers based on some fundamental analysis. But also keeping a hard stop loss in Spencers as shown here
Closed yesterday's trade in profit and rolled to options. Sold 1600CE at 48.35 Breakout did not sustain and will not sustain and US Hurricane effect is/was temporary
As per the charts Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my...
Motabhai Results Tomorrow. Everything Depends on it. If BankNIFTY falls, I will do ATM call options or futures. If BankNIFTY rises, I will do OTM put options with OTM call options buy. There is a high chance it will be ending up as outside bar as in the first week of next month we have NFP data and today's US GDP gave high hope that dollar will not fall in the...
Sell 24600CE Sell 23800PE Alternatively, You can take Iron condor - 24500CE Sell+ 24700CE Buy 23900PE Sell + 23700PE Buy
As per chart. Main buying reason is promoter buying shares as reported yesterday. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You...
Short November 7200CE at 240 You can make a call spread at 7500CE sell + 7700CE buy
I am expecting Nifty atleast to touch 11000. But due to expiry and upcoming results I "think" it will settle around 11500. Anyways, "My view" doesn't matter. If it triggers short, short it. Sell 12100CE+ Buy 12300CE = Safe Bet
Primary Retracement. See it in more higher timeframe. Their company portfolio has not seen ANY POSITIVE IMPACT from covid unlike other IT companies. Number of marriages declined! Number of the need of tour operator lessened.
We are at a tight juncture where if the sell side triggers the fall is quite massive. Anyways it is always uncomfortable to short a pharma company in pandemic but price is price. Expecting maximum fall till 370 next month. If buy side triggers; I will take that too.
Unless the short triggers, it is ongoing long trade. It is not "Short below PDL break" like usual !! Read Why - 1. "Just" Immediate line break i.e. Candle close below PDL will not trigger sell as it resisted the breakdown too many times. 2. So it needs to do something which it did not do before. 3. One is - The candle body has to close below the S1 line. 4....
As per the charts. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my...
Now even if it does not break at all. (I am expecting Nifty to crash - Personal view.) You can short ATM or slight OTM PE of PFC. The IV is great !
Sell Adani Ent 325CE at 5 (Oct) This is a risky and margin extensive trade.
Buy 11400PE @ 10 Sell 11500PE @ 15 Sell 12050CE @ 54 Buy 12150CE @ 27 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at...
Buy 22900PE @ 48 Sell 23100PE @ 65 Sell 25200CE @ 177 Buy 25400CE @ 134 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy...
Sell 22000PE @14 Sell 26000CE @52 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for...
Sell 11150PE @ 5 Sell 12500CE @ 3.4 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for...