Nifty live call

[anaz15]

trail sl 5612

 

[anaz15]

close now 5603.5 (+20)

 

[anaz15]

i expect after a good breakout at least will get 50+ points.. but just 20+ point movement a disappointment .

 

[munde_77]

i expect after a good breakout at least will get 50+ points.. but just 20+ point movement a disappointment .

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[anaz15]

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5630 was good support area. after breakdown expect steep fall But it did not happen.

 

[anaz15]

info:

I never play the market, I think of the market as a very serious business. But it is not options. You should not be buying options in this market anyway. They are having very high volatility and even if you are right on the direction, you are going to lose money, so I am only suggesting that for anyone who is looking to create a position in any stock, a trader not an investor and for a trader, there is no hurry. They are going to see a lot of volatility and a lot of lower levels but for a short-term trader, we have reached and breached 5500.

I also think that there is significant support in this area, now we cannot pinpoint the support and say that support will come at 5510 or 5540, it can come 50 points below it but this is an area of strong support, so even my suggestions for the short-term trader are to go and buy, I would not go for options. I also have a long list of buys, ICICI Bank , TCS and the brave part is M&M but go and buy either equity or futures. This is not a time to buy options, very high IVs.

Sudarshan Sukhani

 

[anaz15]

long above 5486 sl 5468.

 

[anaz15]

long triggered

 

[anaz15]

reliance industries can buy above 925 sl 898 .. positional call

 

[anaz15]

reliance industries can buy above 925 sl 898 .. positional call

day trader trail stoploss to break even 923