Mar 30, 2016

A Tale of Expiry

Yesterday had emphasized about NAV management .

Those who are long with 7560 NS as SL  would be going great and even after the Short SLat 7660 NS got trigerred still there was a room for 70 odd points.

Buy SL 7580 NS . Look for resistance near 7750 NS .

Just 3 days to go any time the Rally may fizzle out That doesn't meant to short but stay cautious with longs.

Happy Trading ! !

Mar 29, 2016

NAV Management

Well Not a Great Day to Say anything .

Sell SL 7660 NS and Buy SL 7560 NS .

Happy Trading ! !

Mar 28, 2016

Has the Trend Reversed

Today the Selling was on lack of major FII participation.

Have to see tomorrow for reversal .

Sell SL 7730 NS . Buy SL 7560 NS .

Happy Trading.

Mar 23, 2016

Signs of Termination

The Rally is showing signs of termination .

No signs of weakness yet . But 7730 is resisting .

Buy SL 7644 . . Sell SL 7820 - 7840 NS.

Can Trade the Range . 

Happy Holi and Weekend ! !

Mar 22, 2016

Again at inflection point

Well today too After the Fall NS closed near the high.

Its still buy on dips . Sl 7642 NS .

No weakness in charts . Note of resistance at 7730 NS above it 7829 in contention .

Happy Trading ! !

Mar 21, 2016

NS at the Least line of Resistance

It was a Clear Cut Break out above 7604 NS with it making high at every passing hour .

Where's the resistance well tough to say .

As of now its buy with SL of 7546 NS . 7700 + done today . If 7730 crossed tomorrow expect another round of buying/short covering . Lest cooling off may take place

No weakness in the charts .

Have started accumulating April puts as of now . Matter of 100/200 points now not much .

Happy Trading ! !


Mar 18, 2016

Respect the SL


Nothing Else Respect the SL.

Though i am not bullish as 7620 is a point of resistance .

Lets See . How Market Behaves on monday .

As of now Buy SL 7480 NS .

On the Personal Front i am still short.

Happy Weekend ! !

Mar 17, 2016

Traps All the Way

Today too  - - SL got trigerred in the morning - - Just to remain safe at the Close.

No change Sell SL 7535 - 7565 . Targets remain the same.

Happy Trading ! !

Mar 16, 2016

The Wait Becomes Longer

Nothing much to add .

Its  a Traders Delight today -

Sell Remains SL 7535 - 7565 .

Happy Trading ! !

Mar 15, 2016

Confirmation done today

Well The Sell confirmation done today .

SL protected and we are safe with the shorts .

7461 Done - - 7375 - 7287 - 7070 - 6650 pending.

Patience pays -- Sit Tight just .

Happy Trading ! !

Mar 14, 2016

Once Again Technicals Rule

Well Just to show the power of Technical .

A crucial day ahead - - Closed near the First SL . . Second SL is still Safe .

Today Was NR7 day so tomorrow expect a Big Move . Also please note tomorrow is Gann Date so Impulsive move will be seen.

Happy Trading ! !


Mar 11, 2016

Another Failed Attempt

Well again today 7535 - 7565 - - The Great wall of China Resisted .

Sell Remains with the same SL .

Expecting a gap down on Monday . Possibly the final exhaustion gap and run away till 7287 - 6650 .

Happy Trading ! !


Weekly Trend Assertion

Was not able to update - - Yesterday Due to Network Problems .

SL remains the same 7535 - 7565 .

Above it 7720 in contention .

Play the range at present 7535 - 7425 .

Happy Trading  ! !

Mar 9, 2016

SL Saved But For How Long

Well  - - SL 7535 had been saved but for how long .

Today even after the gap down there was no weakness in the market.

Sell SL 7535 or 7565 - - Probably may get trigerred tomorrow .

If not then may hem awaits . Contrary Above 7535 - 7565 . We may get 7620 - 7720 NS.

Happy Trading ! !

Mar 8, 2016

Resisted

Nothing more to add . 

Sell SL 7535 NS or 7565 NS .

Targets near 6650 ! !

Happy Trading ! !

Mar 4, 2016

Beautiful Balance

Well We are at inflection Point .

Ther's a beautiful auction at this level . 

Watch out for another major reversal .

At present it is buy the Dip SL 7280 NS . In case if you want to short SL is 7565 NS .

Fingers Crossed - - At present No positions except few deep ITM puts .

Happy Trading ! !




Mar 3, 2016

Signs of Exhaustion

Well Still it is buy on Dips .

Today at the end NS showed some signs of exhaustion .

Watch for Friday Sellers tomorrow .

Buy SL 7180 NS ! !

Mar 2, 2016

Missed today's Gap Up

Well Missed the Bullishness today .

SL trigerred at the Open . Nothing to do as after the gap up it was a full day .

Long SL 7190 NS - - Sell SL Trigerred . Will wait for weakness to develop . Tomorrow we may expect some profit booking till 7205 - 7222 NS .

Buy the Dips .

Happy Trading ! !

Mar 1, 2016

What a Day

Well Friends - - First target missed by a whisker .

Never Mind . 

Buy SL 7130 - - Sell Sl 7280 NS

Personally i am bearish now with SL of 7280 target 6970 - 6840 again and also 6500 NS

Happy Trading ! !

Caution Ahead

We have Booked our Longs - That doesn't mean Its a Sell

One may try with 7200 Puts SL 7280 NS

Happy Trading ! !