In Continuation with Previous Post Todays post we will discuss Mistakes to avoid when writing/shorting Options Introduction Options Shorting/Writing Why Retail Traders “Buy Options” and Professional Trader “Write Options” Trading way above your Limit Over-positioning is the biggest mistake new option sellers make. This is how it works: New traders sell a few options, see… Read More »
As discussed in Last analysis 17170 is the first level of resistance after that 17293 and than we can see quick move towards 17466. Support at 16862 and below that fast move towards 16600. Bank Nifty moved above 17170 did a quick move till 17262 gann singal line and trendline showed their effect and last 1… Read More »
Charles Thomas Munger (born January 1, 1924) is an American businessman, lawyer, investor, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; in this capacity, Buffett describes Charlie Munger as “my partner.” Munger served as chairman of Wesco Financial Corporation from 1984 through 2011 (Wesco was approximately 80%-owned by… Read More »
Grasim Positional/Swing Traders can use the below mentioned levels Close above 3680 Tgt 3804 Intraday Traders can use the below mentioned levels Buy above 3680 Tgt 3695,3720 and 3760 SL 3665 Sell below 3650 Tgt 3625,3584 and 3557 SL 3665 Hind Petro Intraday Traders can use the below mentioned levels Buy above 795… Read More »
FII’s bought 658 contract of Index Future worth 23 cores ,227 Long contract were squared off by FII’s and 935 short contracts were squared off by FII’s. Net Open Interest decreased by 1.2 K contract, so today’s rise in market was used by FII’s to exit both long and shorts in Index futures. The importance of… Read More »
As discussed in Last analysis Bank Nifty was unable to close above the signal line and gann trendline and effect showed up today closing near the green gann arc, holding the same we can rally back to 17000/17170 but unable to close above it can see bank nifty falling towards 16587 as shown by supply… Read More »
Different shapes and forms. Failure comes in all different shapes and forms. The distance you fall after a failure, time it took to get to the failure,and whether you get back up determines that shape and form. I realize there are a million posts on why failure is important but success is important, especially in trading.… Read More »
ACC Positional/Swing Traders can use the below mentioned levels Close above 1343 Tgt 1373 Intraday Traders can use the below mentioned levels Buy above 1343 Tgt 1350,1361 and 1373 SL 1334 Sell below 1330 Tgt 1324,1314 and 1305 SL 1335 Century Textile Positional/Swing Traders can use the below mentioned levels Close below 545 Tgt… Read More »
FII’s bought 2.8 K contract of Index Future worth 139 cores ,7.7 K Long contract were added by FII’s and 4.9 K short contracts were added by FII’s. Net Open Interest increased by 12.7 K contract, so today’s fall in market was used by FII’s to enter long and add shorts in Index futures. Are you… Read More »
As discussed in Last analysis Bulls needs to close nifty above 17293 which is signal line, else the rally will get sold into once again. Bank Nifty needs to close above the signal line for a move towards 17466 else heading back towards 16862/16600 levels. Bank Nifty was unable to close above the signal line… Read More »