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Taurus1

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 ?
Levels posted by me are always spot.
7611 plus 30pts premium= 7630 to 7640 futures expected today or Friday. No next target till elections results.
@Taurus1
WRB atlast. What a perfect analysis. Hats off to you sir.
I want you to say that you made money from it. :D

There is a minor bottom on May 6th, ±1
I was planning to hold over the weekend, but the Bengal election results will be coming out anytime now.
Let it get over, then we'll see what is next.
 

Taurus1

Well-Known Member
Posted on 29th April, 7 days in advance
A volat adjustment needs to be done, 7611, ±10

There is a minor bottom on May 6th, ±1
On the 5th, I got stopped out, target of 7611 holds good. The reversal came exactly on the 6th.
From now on, I will not post ±1, as most of the dates are coming exactly.


Ten days ago, the TV news was saying that the last phase of polling is on, I got the idea that results would be out by the 10th.
Results on the 19th will make no difference.


On my chart, there is a minor high on the 16th
The lowest low of May is on the 26th
I am expecting a sideways/down market till the month end and already sold calls.

Sgx -133
 

Taurus1

Well-Known Member
Posted on 11th May, 5 days in advance
On my chart, there is a minor high on the 16th
The high was 1 day late on the 17th, yesterday.

I bought Banknifty 16500 puts, CMP 16762 s ...... my first target for BN is 16030 by the 24th


There is a small change to this
The lowest low of May is on the 26th
The lowest low for May Banknifty is on the 24th and Nifty is on the 25th.

There is a high and low coinciding on the same day, the 26th.... be prepared for extreme volat.

Sgx -31
 

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