Ongoing buy countdowns in Nifty and Banknifty and many other stocks likely to be interrupted, as some reversal might be on offer. IT sector followed by Pharma are leading presently, improvement in banking sector might help initiate budget rally.
Ongoing buy countdowns in Nifty and Banknifty and many other stocks likely to be interrupted, as some reversal might be on offer. IT sector followed by Pharma are leading presently, improvement in banking sector might help initiate budget rally.
First attempt on delta .15/.20 sets. Based on one of the ace option writer Sanju whose thread has been amazing over here in TJ.
Notes to self VIX = 16.55
Note : - I am still learning. Checking how it works out, my entries may be flawed as well.
It means that recent low of 16410 might hold, and act as major pivot low for integrity of uptrend that might resume.
The possibility of that will strengthen if 17640 is taken out on upside.