rao1216

rao1216

The price looks like stabilized and taken support at this level. If this support sustains we can expect Bullishness in this stock.

rao1216

RAMCOCEM looks like trend is changed from Bearsih to Bullish. Now the price is retesting the breakout trend line.

rao1216

WELINV price is consolidating in phase. Price also near support zone. Need to observe whether it will break the triangle pattern or not.

rao1216

CANFINHOME price movement is in upside direction. Current price is near multiple support zones.

rao1216

After hitting 52-week high now the stock fallen to support zone. Hoping it will again reach 52-week high to re-test the resistance level.

rao1216

Motherson reached to support zone. This support was formed in 2015 and re-tested in 2016 & 2019. Need to watch this time whether the support will holds or breaks.

rao1216

Pharma sector not participated in recent bullish rally. It looks like now the time came to accelerate the Pharma sector.

rao1216

Stock price in Bullish Trend. Price re-testing Triangle Breakout level.

rao1216

Stock price in Bullish Trend. It is consolidating since long time and triangle pattern breakout level is re-testing.

rao1216

Stock price movement is in Bullish trend and price reached to multiple support zones.

rao1216

Stock retested the breakout level. I'm observing upside momentum.

rao1216

Stock after recovering from the all time low it came to near support zone. Need to watch whether this support holds or breaks.

rao1216

Stock price movement is in up-trend and price coming to near support zone. I'm expecting the up-move will continue after the uncertainty in the global markets.

rao1216

As per the option chain it is observed that 41300CE & 41000PE was shorted and these positions are hedged with 42500CE & 40000PE. These positions are indicating the expiry range is 40600 - 41600.

rao1216

In the morning session PE writers are un-winded their carry forward positions and CE''s are shorted. Today more CE's are shorted when compared to PE's As per the option chain it is observed that 17800CE and 17700PE positions are shorted. These positions are hedged with 18100CE and 17500PE. By observing this positions we can expect expiry in the range of 17500 - 17900.

rao1216

In the afternoon session 41000 Short straddles upper break even point touched, during this CE positions few stop losses got triggered. But big players are succeeded in pushing the market to downwards. During this down move 41500PE was shorted and CE short positions are closed. I'm observing the range between 41000 to 42000

rao1216

In the morning, the 1st candle itself our resistance level 17800 was broken. This triggered stop loss of CE sellers. These stop loss orders fueled market to push on upwards. By seeing this up move in the morning session 17800PE was shorted, by expecting expiry will happen above 17700 level (break even point for 17800PE sellers is in between "17650-17700").

rao1216

As per the Option Chain Analysis it is observed that 41000 Short straddles are deployed, due to the high volatility these short straddles are hedged with 42000CE & 40000PE. It is formed as Iron Fly (Iron Fly - Short Straddle with hedges). I'm observing the range between 39900 to 41600 with volatility.