May 23, 2016

Selling Visible

Well There are no visible signs of buying at present .

Stay Short with SL 7840 . Buy near 7680 with small SL say of 20 points.

Watch for 7700 put writers cz if they panic the bottom is very very far near 7280 .

Possible that expiry may be Blood Shed .

Stay cautious . 

Happy Trading ! !




Expiry Week

Well this time its no different .

We are still in the range of 7720 - 7980 .

Looks like the same will conclude at expiry .

Look for buying near 7720 - 7680 with small SL and look for selling at 7860 - 7920 with small SL .

SL of +/- 20 Points not more .

Happy Trading ! !

May 19, 2016

Dedicated to Bears

Well We had selling today Below 7860 This time it was no confusion as the Election were not taken positive by markets .

For tomorrow look for 7770 NS below it only weak else again a Bounce

Sell SL 7860 NS - - Buy SL 7740 NS.

Happy Trading ! !