My Observation: Abt Myself

[chintan786]

Bought Jun 10700 CE aT 67 --- NF Ref. 10507.. T1-will decide once to see how it react at 10530, if we go there.

 

[chintan786]

Abv.10530 NF Have Fuel till 10600-620

 

[chintan786]

Bought Jun 10700 CE aT 67 --- NF Ref. 10507.. T1-will decide once to see how it react at 10530, if we go there.

Touched 10524 and feel current , NF have 2 options:

1. open Gap up tomorrow and don't give much chance to sellers
2. Open Near 10500-520 and rotate towards 10475 again.

only time will tell as tomorrow is Friday.

 

[chintan786]

End of Day summary:

What market Did:
Yesterday Dip buyers at 10422-425 prevailed against yesterday last hr spike move. They still holding Auction well.
Morning sellers got flushed out once 10462 touched...
My Leap of Faith Move was shorting 10200 PE At83.4 -- NF Ref.10420-21... NF Went below yesterday low.

Sellers showed up at later part of the day at 10502 and attempted for DL which got rejected by 10422-425 buyers.

Later part of the day on pretext of BN weekly expiry, Bulls took Bears by horns and attempted 10524 once again.

We have UA at 10622 and 10575 is hurdle. going forward immediate targets for Longs.

Strong possibility we might expire abv. 10600... but then 1 day price move is way too much to expect for.

 

[chintan786]

Bought Jun 10700 CE aT 67 --- NF Ref. 10507.. T1-will decide once to see how it react at 10530, if we go there.

booked 1/3rd at 77.2

 

[chintan786]

booked 1/3rd at 77.2

booked half at 87.2

 

[chintan786]

booked 1/3rd at 77.2

booked half at 87.2

 

[chintan786]

End of Day summary:

What market Did:
Yesterday Dip buyers at 10422-425 prevailed against yesterday last hr spike move. They still holding Auction well.
Morning sellers got flushed out once 10462 touched...
My Leap of Faith Move was shorting 10200 PE At83.4 -- NF Ref.10420-21... NF Went below yesterday low.

Sellers showed up at later part of the day at 10502 and attempted for DL which got rejected by 10422-425 buyers.

Later part of the day on pretext of BN weekly expiry, Bulls took Bears by horns and attempted 10524 once again.

We have UA at 10622 and 10575 is hurdle. going forward immediate targets for Longs.

Strong possibility we might expire abv. 10600... but then 1 day price move is way too much to expect for.

10575... Done... Next is 10600... Sellers are trapped big time and don't have time to exit

 

[chintan786]

We have some selling interest at 10565... beware.. I still holding 1/3 10700 CE with TSL at 73

 

[chintan786]

We have some selling interest at 10565... beware.. I still holding 1/3 10700 CE with TSL at 73

Booked out all 10700 CE @ 91.35... done for the day... Stay safe