My Observation: Abt Myself

chintan786

chintan786

Well-Known Member
#671
#671
27-May
Context: Sideways to Range Bound.
Range is 8940-9170.
Yesterday force selling from 9065 made single Print HVN. 10-min closing abv. that can trigger long for 9105-9120. If we sustain below 9065, then target are 8990-- 8940.
Either way it would be good for writing Calls on 9100-9150 area. As abv. 9100 there are multiple resistances.

We have some LAC related Event over-hang. which can generate bad news flow in short term. that is why ok with Short side trade only.
 
chintan786

chintan786

Well-Known Member
#675
#675
chintan786 said:
27-May
Context: Sideways to Range Bound.
Range is 8940-9170.
Yesterday force selling from 9065 made single Print HVN. 10-min closing abv. that can trigger long for 9105-9120. If we sustain below 9065, then target are 8990-- 8940.
Either way it would be good for writing Calls on 9100-9150 area. As abv. 9100 there are multiple resistances.

We have some LAC related Event over-hang. which can generate bad news flow in short term. that is why ok with Short side trade only.
Click to expand...
Exact Play out.. wonderful day so far.
 
chintan786

chintan786

Well-Known Member
#676
#676
We have diversion candle at day high. following things Need to watch post 1 pm.
1. If second high comes, then should have diversion candle
2. move 10-min close below 9065...which triggered this rally.
Time to close now.. will look into it post 1pm.
 
chintan786

chintan786

Well-Known Member
#677
#677
chintan786 said:
We have diversion candle at day high. following things Need to watch post 1 pm.
1. If second high comes, then should have diversion candle
2. move 10-min close below 9065...which triggered this rally.
Time to close now.. will look into it post 1pm.
Click to expand...
Second High Came and it is not diversion candle..Next target is 9140 then 9180-9200
 
chintan786

chintan786

Well-Known Member
#679
#679
9200-- Done-- Extremely happy with my Analysis. Holding Long from 9140-9160 was not for faint hearts.. but in the end all worked well.
 
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