Bigbear2022

Bigbear2022

As discussed before open Bank Nifty hit a high of 32298 against algo projection of 32293. 32500 CE was easily sold around 250 for a target of 182 , it made a low of 182 around lunch. Kings India Weekly challenge closed the week with net profit of 5320/= for 2 lots. Overall 32 week gains stands at 938% now. Details to participate can be found below Decision range...

Bigbear2022

As discussed before open Nifty hit a high of 14256 against algo level of 14255, in fact opened near highs and went downhill. Bank nifty opened above the range and went to make a high of 32177 against modified algo resistance of 32224 posted on radio channel. Bank nifty tried to hit the bear wall twice but failed miserably closing below 32000. Trading rooms were...

Bigbear2022

As discussed before open Bank nifty made a high of 31489 against our projected high of 31562 , 31600 CE selling was obvious choice for Kings India traders , it went down 50% in 45 min flat with a risk reward of 1:5 ,giving good start to week. Nifty quotes had some issue due to sgx holiday on Friday and I was not able to receive quotes till 10:30 AM. Nifty trades...

Bigbear2022

As discussed Nifty made a spot high of 14025 against our algo projection of 14026 , and dipped sharply in last hour taking in the money puts higher by 3-5 times in last hour. Overall day was range bound without much action. Intraday radio channel was updated 5 min before the last hour fall and trading rooms were updated before open with a maximum range of 14031....

Bigbear2022

As discussed Bank Nifty hit a morning high of 31317 against our level of 31305 and puts gave good returns with minimal risk in 30 min flat , bank nifty hit a low around 31006 and went up to hit day high in afternoon as usual. Neutral Hedge traders had lot of difficulty today managing volatility , naked put buyers and call shorts had good day. Trading rooms updated...

Bigbear2022

As discussed in trading rooms before open 14014-14017 was our intended level to sell Jan futures , it hit high right at 14014 and morning fall was seen in nifty. It hit a low of 13859 in spot and all targets in puts and call shorts were achieved in 30 min flat. Decision range 13913-13926 Support for the day 13872 Resistance for the day 13980...

Bigbear2022

As discussed in trading groups and public channel Nifty hit a high of 13871 against our projection of 13872 , however volatility was very low in markets due to low volumes. Nifty tried to push high in final minutes but settled right at our resistance level. Only option today was to sell strangle because options had no movement. Strangle trades were posted in...

Bigbear2022

As discussed Nifty made a morning high of 13738 against our projection of 13731 and tanked to 13726 in a span of 30 min flat. nifty 13750 and 700 puts went 4x in no time. Nifty low was updated live on public forums. Traders were out for the day , nifty went on to hit new day high in last hour not sustaining and closing near morning resistance. Decision range...

Bigbear2022

Week Ahead As discussed before open , Nifty made a high if 13738 against our level of 13731 and dropped to day low of 13626, 100 pt nifty move on expiry was enough to take puts 3-4x from morning lows. Bank Nifty hit a high of 30422 against our level of 30388 but didn't dip much unlike nifty , which was bad luck for bank nifty put buyers. Post mid day , Nifty...

Bigbear2022

As discussed before open in Queen gambit and public channel nifty hit a high and low of 13492 and 13192 against our levels of 13483 and 13177. Market remained extremely volatile as per our expectations. Bank nifty remained choppy in stop hunting mode so no option trade was initiated from our end as option buying was not profitable today. Radio channel is...

Bigbear2022

As discussed in public channel before open Nifty hit a day high of 13777 against our level of 13776 and as it was evident that if Nifty has to indulge in some selling near term then this week is going to be vital. Nifty broke the crucial support of 13691 post lunch and fell like no tomorrow. near term option volatility v (cr) went above 16.5 today and opened up...

Bigbear2022

As discussed before open , bank nifty continued a range bound session without much activity in options. Option volatility parameter V( rm ) is still below 11.4 which means market can grind for some more time before big volatility kicks in. Kings India weekly challenge - option selling platform which clocked more than 791% in 28 weeks is back in action next week...

Bigbear2022

As discussed in queen gambit before open , Bank nifty remained in range bound mode all day hitting high at 30945 against our level of 30905 , Nifty hit a high near 13730 near mid day against our resistance of 13731 , however movement was listless to give enough money to option buyers whole day. Operators shorted 30800 CE which was deep in money but went down...

Bigbear2022

As discussed in Queen gambit before open , Nifty made morning high right at our level of 13667 and sharp fall was seen in bank nifty around lunch time as expected. 30800 PE was tried for the day and gave satisfactory results. Kings Indian group and weekly modules have been opened for all traders. Radio channel is working free of any charge Decision range...

Bigbear2022

As discussed in queen gambit before open Bank nifty hit a high at open of 30805 against our projection of 30868 , Nifty hit a low of 13447 against our projection of 13481. Morning probabilities were in favour of more downside towards mid day but fall was arrested and Nifty made a high of 13589 against our range of 13587. Kings indian resumed their trading today...

Bigbear2022

As discussed before open in queen gambit Bank nifty hit a high of 30835 against our projected high of 30858, nifty hit a high of 13597 against our projection of 13618 , nifty hit a low of 13472 against our projection of 13458. Most of the day was listless with a small range. Kings Indian weekly resumed today which clocked a gains of 791% in 28 weeks , however...

Bigbear2022

As discussed in queen gambit before open 13570 spot was easily shorted , Nifty hit a high of 13579 and easily hit target of 13489 after lunch , however most traders easily got 120 + points with a stop of 21 points. Radio channel was updated in morning with a bank nifty resistance of 30861 , made a high of 30811. Decision range 30563-30600 Support for the day...

Bigbear2022

As discussed before open Nifty hit morning high at 13501 against our level of 13513 , bank nifty hit mid day resistance of 30652, session remained range bound for most part of the day. option sellers made easy money , option buyers are finding it hard to strike big due to low liquidity on buy side and locals selling options one way. I hope things change for buyers...