they doing same as silver to option...
there plan is not to let call buyer in profit
and not let put buyer in profit also..
For 8600 PE
see today trend is down and how smartly;y they made put -20% lol
and call is only 2% down that was down like 20% earlier..
he making us stupid banata hai
now he will slash put price to R.s 85 to 90 even 80 then take back
this price to R.s 120 today or tomorrow or on 8th dec
Code:
@ bunti_k23
Trend is your friend . current trend is DOWN only
they doing false up trend to confuse us untill 8th dec it;s down down down
My logic is If price crosses below previouse close price and the low made till 11:00 pm then get out cut your losses
SL = current 2 hours low + price should be lower then previous days close.
in my view every rise should be used as sell opportunity or add to short position untill it violates the SL
I don;t beleive in targets
since u asked down target 8430
up target is 8800
conclusion :-- should have sticked with my Plan A .
today i rushed in buying
not carrying the position what so ever sell put @ 3:25 pm today Or when in profit
...in Livermore we trust loool
/////////////// cmp price 8600PE 104
places stop loss of put open trade to Sl = 100.2
///////////// don;t want to carry home
/////////////// cmp price 8600PE 105
places stop loss of put open trade to Sl = 103.1
///////////// don;t want to carry home
Sl hits .. ends with R.s 3 loss lol
Rule 2: Sl hits no trading... go sleep take same positive tomorrow untill trend changes. u can enter trade again no worry tomorrow
seems like nifty want to go 8620 first.. tomorrow we can decide trend is not clear right now
Winner Palm Tree
