My Observation: Abt Myself

chintan786

Well-Known Member
End of Day summary:
Mrkt digested Event well. Daily was in OTF mode which got broken today. we close below yesterday's close. with sellers showed up again at10831.
We are closing Abv. VWAP with good vol. almost 1.2 times of yesterday vol.

Closing with IB is kind of pause and we require extension from here.

OFA pointing to 100 Pts rally. Time will tell where it goes from here. Today's longs are working fine. atleast till know.
we can add longs abv. 10850 for Target of 10900 next week.
we have volume cluster at 10850 to deal with which actually lead today's fall. and strong support at 10785 which can lead to strong rally.

A gap up tomorrow is best thing happen to bulls after today's closing
 

chintan786

Well-Known Member
Wow what a 1st Hr. Less position can only gives you same peace of Mind.
today Preparing List of Things to remove for more peace of Mind:
1. SGX Nifty
2. News Channels on TV as well as on Internet
3. Twitter
4. Vix
5. FII Data analysis
6. PCR
7. Adv - Dec ratio
8. USDINR



will add more to the list
* Removed Mkt. Profile replace with Vix in abv. list.
 
Last edited:

chintan786

Well-Known Member
today bought 10800 CE @ 102. expectation is to troll 10850 sellers...
Lets see how range extension happens.
IB Range : 10781 -- 10830 -- 50pts.
 

chintan786

Well-Known Member
booked half @ 106.55 closing A/c for the day. Will review after 1400 Hrs
so rest 10800 CE closed at cost 87... open 10700 PE @ 66...by auto system Expecting 10723 --- 10675 going forward.
Responsive selling : 7 Lacs @ 10770... so fear is it might get touched before further down move.
 

Similar threads