UNITED STATES OF BANKNIFTY
- Thread starter Top_Massage
- Start date
Well .... Bears will have to keep Banknifty below 27000 in order to keep their downside momentum alive.
Bulls need to cross 27000 and stay above it. Keep tracking ..... Meanwhile, option premium adjusting constantly. Need to wait till second half for some clear picture to emerge.
Disclaimer: This forum is meant for educational purposes ONLY.
Bulls need to cross 27000 and stay above it. Keep tracking ..... Meanwhile, option premium adjusting constantly. Need to wait till second half for some clear picture to emerge.
Disclaimer: This forum is meant for educational purposes ONLY.
Alright folks .... Today was another rangebound day with no big opportunity at all (especially in weekly options) .... This whole week has been like that only. It had 'premium erosion' written all over it. But our new and effective formula of trading around 2:30 PM will never fail and will always give us profit. I tried only once at 2:30 PM but to no use. No big profit .....
It's fine .... It's part and parcel of a trader's life. This complete week was solely dedicated to optionwriters. Overall, it was a good week (even after market was rangebound). Monday, Tuesday & Wednesday were extremely good. But no big profit on Thursday & Friday mainly due to lack of any movement. But the good thing is that our approach and method was extremely good. We did not surrender in front of big optionwriters (FIIs & DIIs). We will surely make huge money in coming days if we maintain same approach.
We need to be very careful now. There will be huge movement next week as its a monthly expiry week. Plus, market is looking all set to move after so many days of consolidation.
OK friends ... Have a nice weekend .... Forget markets for two days. Spend time with your loved ones and family ..... We will meet again next week ..... Bye for now .... best wishes.
Disclaimer: This forum is meant for educational purposes ONLY.
It's fine .... It's part and parcel of a trader's life. This complete week was solely dedicated to optionwriters. Overall, it was a good week (even after market was rangebound). Monday, Tuesday & Wednesday were extremely good. But no big profit on Thursday & Friday mainly due to lack of any movement. But the good thing is that our approach and method was extremely good. We did not surrender in front of big optionwriters (FIIs & DIIs). We will surely make huge money in coming days if we maintain same approach.
We need to be very careful now. There will be huge movement next week as its a monthly expiry week. Plus, market is looking all set to move after so many days of consolidation.
OK friends ... Have a nice weekend .... Forget markets for two days. Spend time with your loved ones and family ..... We will meet again next week ..... Bye for now .... best wishes.
Disclaimer: This forum is meant for educational purposes ONLY.
Absolutely sensational stuff .... Took a trade post 2:30 PM after confirming that Banknifty will surely stay above 27000 for today. Initially, FAILED once .... but second attempt brought BIG SUCCESS .... Most of us knew that Calls would surely surge at least once during second half and finally, bulls did not disappoint.
Good start to the week .... We will meet again tomorrow ... Thanks ... Enjoy profits .... Cheers ....
Disclaimer: This forum is meant for educational purposes ONLY.
Good start to the week .... We will meet again tomorrow ... Thanks ... Enjoy profits .... Cheers ....
Disclaimer: This forum is meant for educational purposes ONLY.
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