My Observation: Abt Myself

[chintan786]

So a Random Guy showed up at 10490.. We had vol,. Node at 10488 and Prev. N-PoC at 10492. Shorting options to rotate although Range Extension is due. Wednesday normally low Vol. Rotating Day(s)

 

[chintan786]

So a Random Guy showed up at 10490.. We had vol,. Node at 10488 and Prev. N-PoC at 10492. Shorting options to rotate although Range Extension is due. Wednesday normally low Vol. Rotating Day(s)

NF 10510.. so random guy showed some spine.. Nice. lets see how far.

 

[chintan786]

Covered all PEs.. At 10524...yesterday buyer showed up again at 10524.. beware of shorts. I done for the day.
bye

Our OTF Player now wants to get out at 10524... we rejected twice today from this area.... Beware

 

[chintan786]

Our OTF Player now wants to get out at 10524... we rejected twice today from this area.... Beware

Now Imp. Question is not whether we see new low on NF but whether someone show up there to Trap Retail shorts

 

[chintan786]

Booked out all shorts at 10473.. mostly PE long and CE Shorts... Done for the day...we might see good threshing from here on. Next target is 10462..

 

[chintan786]

Few buyers showed up at 10462... intention is rotation only. most probably.

 

[chintan786]

Few buyers showed up at 10462... intention is rotation only. most probably.

now this is getting uglier... today is Trend Day. I believe 3rd in a row from Karnataka Result.

 

[chintan786]

bought Axis Bank 500 PE Jun Series.

 

[chintan786]

bought Axis Bank 500 PE Jun Series.

Well this is wrong Move on my part... total vol. is Just 4 for the day.

 

[chintan786]

End of Day Summary: 23-May-2018

Open below Yesterday Val Area and Getting Rejected from 10524-10528 area. This is where our OTF Player/buyer was holding from last 2 days start getting out. After Breaking IB - Low it is all the way down the hill. till 10415.. Some buying/Shrt covering seen at 10422-426 area.

last 30-Min Spike from 10445 to DL is watch out for. Second Place of rejection is 10480 area VWAP zone. abv tht it cn fly again.
Tomorrow is Bank Nifty Weekly Expiry as well. Nothing Good happen on such days.
currently we are fundamentally/ Techanically weak. so don't scare of shrting as & when. Lvls I marked abv.