SHIV TRADES PRIVATE LIMITED

[Shiv12345]

Mere naina saawan bhadon
Phir bhi mera man pyasaaaaaaaa
Phir bhi mera man pyasa

Aye dil deewane
Khel hai kya jaane..
Dard bhara yeh geet kahaan se
In hothon pe aaye..
Door kahin le jaaye
Bhool gaya kya
Bhool ke bhi hai
Mujhko yaad zara sa
Phir bhi mera man pyasaaaaaaaaa

Baat puraani hai
Ek kahaani hai
Ab sochoon tumhein yaad nahi hai
Ab sochoon nahi bhoole
Woh saawan ke jhoole
Rut aaye, rut jaaye de kar
Jhootha ek dilaasa
Phir bhi mera man pyasaaaaaaaa

 

[timepass]

Requesting you to confine it to trading talk and as far as possible, English language only.

 

[Shiv12345]

Good Afternoon! Nifty zone of 10500 - 10550 is the make or break zone for immediate future. Upon sustaining above this same zone for long enough, bulls may just try to approach 10650, 10750 and so on. However, things may get ugly if the index couldn't sustain above this zone decisively in immediate future. Thanks

 

[Shiv12345]

It's been quite a while since India VIX approached near 25 mark. It was bound to happen some day. Of course, we can't have the volatility index on ultra-higher side forever. It has to be brought down sooner or later.

Meanwhile, since it has literally slipped from 30 to 26 mark approx, make no mistake, options traders are bound to face a challenging task of dealing with melting index options. The same thing has been happening since the beginning of this week.

 

[Shiv12345]

Look, see for yourself, both weekly expiry index PUTS and CALLS are melting constantly and simultaneously.

 

[Shiv12345]

If bears are to make any comeback soon then the volatility index should ideally reverse from 25 - 26 levels to approach higher figures of 28 - 29 in near future. Otherwise, it may slip further towards 23 mark which obviously would put extra pressure on weekly and monthly expiry index PUTS.

 

[Shiv12345]

well, constantly melting

 

[Shiv12345]

a lot of traders eagerly waiting for Indiabulls Housing Finance results .....

 

[Shiv12345]

If bears are to make any comeback soon then the volatility index should ideally reverse from 25 - 26 levels to approach higher figures of 28 - 29 in near future. Otherwise, it may slip further towards 23 mark which obviously would put extra pressure on weekly and monthly expiry index PUTS.

Reiterating again ... VIX needs to climb upwards in order to help PUT buyers ... without its help, it would be difficult for PUT buyers to expect too much ... VIX is sinking continuously and now almost at 26

 

[Shiv12345]

I mean just look at this ..... BANKNIFTY down by 0.55% .... and weekly 21600 PE just up by 1.28% .. courtesy INDIA VIX ... such a tyranny for options traders ...