As discussed yesterday , high volatility in markets have increased options premiums to very high levels. It is not possible for buyers to make money in such environment with taking some serious risk 2 days ahead of expiry. Market hit a high of 24000 near morning and I had made a note that 24000+ is distant level for now and 23677 was our shorting point where...
Crude after the saudi news has now consolidated and showing some volatility for traders. Resistance for MCX Crude 2763 Expectation Upper range to stay near 2700-2800 for the week. Trade Real time trades can be obtained from me via social media platforms
As discussed live Nifty started the day with limit down but 8995 break paved the way for 10000 Nifty as discussed on social media platforms. These are violent times and such moves come just by chance. There's auction gap at 9384 which I indicated but there's nothing to show greatness amidst these maniac moves because mathematical probabilities and real life...
As discussed yesterday Bank Nifty opened below 26000 breaking support on opening tick so there was no hope of any recovery during the day. Only trades possible in such kind of violent market are bull straddles which are going up in no time. It's not the beauty of straddles but high VIX which is making 12-15% trade into 50-100% within hours. Note : A piece of...
As discussed yesterday Bank Nifty did support the lows but it could not take off in last hour beyond 26800 against our expectations of 27000. Premium decay was only order of the day, therefore we got into in the money 26000 CE and traders made some money besides some scalping here and there. Decision range 26493-26511 Support for the day 26216 Resistance for...
As discussed live Bank Nifty found support just under 26000 which might also mark a yearly low or near about +- 300 points. As we can see immense negativity all around the globe, lot of traders have asked me where can this mayhem end because even if you try shorting a vix of 30-40 you are bound to get knocked down. I know I can be proved wrong next week but I...
As discussed live on social media platforms , 27568 was resistance which I told will break near 1 pm based on order flow I saw at 11-11:30 PM. it broke resistance went on to hit 28000 within an hour. We shorted puts and traders made good money. Note :: Amid this global crisis CBOE VIX has exceeded 50 in NYSE which indicates that an intermediate bottom is round...
As discussed live , bank nifty crossed 29100 without any bullish symptoms in the morning. It made a high of 29134 tad lower than expected but nevertheless enough to give good money to traders. Nifty 11400 CE went from 2.2 all the way to almost 18. I was expecting a further push in afternoon session above 29200 bank nifty but Indian institutions failed to give any...
As discussed live on social media platforms MCX Crude made a low of 3462 yesterday, went up to our resistance of 3577. 3500 CE went 50% from our levels. Support for the day 3389 Resistance for the day 3507 Expectation Reversal from lower levels My trade I have issued a trade for 3500 CE on social media
As discussed live bank nifty had resistance at 29080 and it went all the way down to 28125. I initiated 28600 CE trade live at 28244 which saw some whipsaws for 5-10 min ultimately taking off one way to hit 300. Overall day for brave heart traders and low risk traders were better off taking an off day. Support for the day 28100 Resistance for the day 29235...
As discussed live on social media platforms we shorted 3577 high and went long at 3440 low. Traders made big ticket money yesterday. Resistance for the day 3520 Support for the day 3452 Expectation I am expecting $ 50 threshold to break in US session today which comes around 3664 MCX level My trade We're long 3500 CE @ 109 Real time updates I post all...
As discussed yesterday bank Nifty got support in morning weakness and went on to close at near day high. We shorted 28500PE and 28600 PE live and they both were dusted by evening. Call side there wasn't much movement and I advised to buy 29600 CE live @ 105 , I think might have closed higher. Decision range 29018-29125 Support for the day 28854 Resistance for the...
As discussed live on social media platforms I advised to go long as 3343 MCX level was ready to get knocked down. MCX crude rallied all the way upto 3450 and morning gap up above probably 3550. Traders made tons of money Support for the day 3391 Resistance for the day 3647 Expectation Fireworks in US session My trade I'll post trades on social media platforms
As discussed Bank Nifty hit a high near our level 29770 and 29453 break gave way to last hour big fall taking bank nifty to 28571. Last hour puts went up more than 100% . Decision range 28976-29181 Support for the day 28364 Resistance for the day 29583 Expectation Initial weakness getting bought , might close at day high My trade I'll try to sell puts...
As discussed live we took off day on friday and no trade was initiated as explained on thursday. Support for the day 28947 Resistance 29448 Expectations Trend day , 29448 might be tested My trade I'll try to short puts near support Real time updates Will update real time trades whenever I get time
As discussed live 30116 was broken in morning and market reversed only at 2:30 PM as my morning projection. 30100 CE went from 11 to 108, 30000,30100,30200 PE went to 0 which I had shared at 10 AM and those who shorted made good money. Support for the day 29978 Resistance for the day 30332 Expectation Reversal day , 30332 might be tested and sustained My...
As discussed MCX Crude found resistance at 3615 and fell sharply. Futures traders made good money of 60-70 points in no time. Support for the day 3415 Resistance for the day 3502 Expectation Range bound with reversal in US session My trade Buy near support , sell near resistance Real time update I'll update on social media channels whenever I get time
As discussed Bank Nifty hit a low morning low at our support level of 30180 and managed to hit a high of 30515 , I was expecting 30-40 pts more but 30400 CE went from 95 odd to 230 and 30500 CE went from 90 to 175. All trades were updated live and people made lot of money today. Support for the day 30121 Resistance for the day 30503 Expectation Trend day ,...