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Taurus1

Well-Known Member
I think the top is in .....yesterday before the close I bought puts, my stop is at 7934 s
If I get stopped out on the open, short re entry at 7926 again.
Yesterday, I got out at 7926........ this move is a knee jerk over reaction to results.

Till settlement they may try to prop it up, I will short again at 7926 s, which I expect today.


I shorted again at 7926, my first target is 7611 S
My target of 7611 s holds good
 

Taurus1

Well-Known Member
My target of 7611 s holds good
A volat adjustment needs to be done, 7611, ±10

I got back in at 7926, seems a gapdown is in the pipeline..... the Sgx is -30


There is a minor bottom on May 6th, ±1
High volat on the 3rd, possibly a large gap or WRB
 

Taurus1

Well-Known Member
Pl tell whether WRB red or green, gap up or down. pl do not feel offended.
regards
Anytime you need to ask, just go ahead.

All high volat zones are high pressure, where price wants to move away from the pressure point as far as possible. If I had to choose, WRB is my bet. Keep your risk within limits,
I left out saying red........ I'm holding shorts till the 6th, may continue till the 9th as 7th/8th is the weekend.


The low for the month is far away.
Sgx -53 now
 

Taurus1

Well-Known Member
Posted on 29th April, 5 days in advance
High volat on the 3rd, possibly a large gap or WRB
The moment of truth is here, 7773 s is the level to break.
Sgx -18, at 7821, spot should be near 7781


any update for banknifty?
No idea, I think Nandamad is on BN, you should ask him
 

ap*

Well-Known Member
Sir on the downside which is the next target that your expecting as of this week friday. According to you will be seeing 7620 levels in the next 2 days ?
 

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