Sell 21100PE @21 Sell 25300CE @25 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 24200CE Sell 22600PE This is towards tomorrow's expiry.
Sell 1160CE at 11.6 Now the time has come for it to take a swing towards downside as a part retracemet
As per the charts. If you want you can do call spread.
Although the OI data says "no fall" but I will do call spread if the sell-side triggers. I will skip if the buy-side triggers.
Betting on consolidation and "maybe" breakdown. Short Biocon 440pe at 15 Short Biocon 450CE at 21 Short Biocon 480CE at 10.4 Not expecting huge "shoot up". Keep margin for one more option sell in hand. I will update if I change anything.
It is in sideways trend. I will avoid if the sell case triggers and will do if the buy case triggers.
Short if the day's low gets broken. This will be a massive trigger and amazing swing trade but due to HDFC Results I don't expect a huge fall either.
As per charts. Anyways, remember, it has results nearby.
No trade but an observation. Fundamentals and Technicals aside. See the strength of fear. It takes 116 days to rise 45% and it took 5 days to fall nearly 30%. Anyways, tradewise, it is good buy with stop loss at day's low but that falls under gambling right.
Extreme Price Action Trigger on both sides. We are having shorts from Biren's charts of channels. Right now it can trigger both side again. Let's see. I will skip the downside actually because I already have a past short. But I will do the long trade by doing ATM PE. (I don't except shoot up at all.)
Please mark my note of "Intraday". The OI data shows huge unwinding. I am expecting a fierce movement on downside that will give 5-10 points intraday. Anyways, unless it gaps down, short on PDL breaks. If gaps up, Follow 15m ORB.
As per charts. It is consolidating and the PCR is extremely negative as well as it didn't shot up as Market shot up. No impact from USDINR too Betting on downside expecting bad business for cinema industry.
Sell 640PE i.e. ATM Puts at 28.6 Sell OTM calls of 640+30+30 = 700CE at 11.5 Buy Deep OTM Call at 760 CE at 3.6 with stop loss at 1.2 Will update if I adjust
Although most people are rooting for breakout; My bet is towards consolidation or breakdown. Lets see. I will take call spread if the lower side triggers and will likely skip the buy side. (If it trigger, I will check OI once and will update here.)
As per charts. Unless my line breaks, it is actually a long idea.
Sell Maruti 7200CE at 190. The BEP will be 7400. If the BEP breaches I will make it straddle. The futures short will trigger if the PDL breaks "tomorrow'. Today's candle can not be taken as day is not over.
I will skip if the sell triggers. Also, In case if buy triggers, I will not keep stop loss. I will rather hedge with Call options but you should be cautious. Breaking this can trigger extreme short trade.