All US futures n indices r in firm green. If there is a gap up..all the call writers will lose money and then there will be short covering and market can go up. :-) see the US market futures
In these markets. This is how u can trade. 1. Sell call options that are deep out of the money . Due to theta decay/time decay..trade will work in favor of the seller. But remember to choose far out of the money options. Profit will not be much, but profit is sure with far out...
The US inflation data came. Inflation was more than expected. All US indices r deep red. Dowjones, S&P, Nasdaq all in deep red. All US futures in bloodbath. So if u hv put long positions, u will make good money on Monday as ther will be deep gap down. I hv some deep in the money ...
pls wait until tomorrow morning 7:30 Am for SGX nifty update. Sgx nifty does not trade now. It closed on Saturday 16171.50 or 83 points down. But wait until tomorrow 7.30 am
Lot.of short covering (means buying back the sold positions ) happening and pulling the market up. Buying put positions is risky. If you see trend in the index daily chart, the bottoms are almost same for 3 candles. It showed market did not go below 15,750 range. It could be due...
@akashsarkar they r letting markets to recover and gain. Once the markets gain, they sell and take the profits. At least for few days it is better to hv a safe approach, that is not buying n holding long positions. Selling OTM call options is a much more safer way .
FIIs r in action. They r selling heavily. Market has lost all the gains made in the morning. Pls be careful . See if you can sell options that r out of the money n make money as they underlying expires .
Interesting day ahead : we can partially blame RBI governor for market crash yesterday, (he suddenly decided to come online n said interest rate hikes and it crashed the market) . The US markets did very well as they hiked Interest rates by 50 basis points...... read more
Interesting day ahead : we can partially blame RBI governor for market crash yesterday, the US markets did very well as they hiked. Interest rates by 50 basis points instead of 75 as predicted by some people earlier. US markets rallied big time to 3 percent jump in all major indi...
But pls.be careful in the afternoon session around or after 1:30 pm., that is when FIIs r selling if markets r moving up. They r letting.markets to recover n then sell . If FIIs sell, all the indicators n levels r not much of a value.
Markets cud gain today . Big nifty50 companies gave outstanding results. Godrej properties, tatasteel, jsw energy.. if the market holds 17,000 level. It is an opportunity to buy. Same for bank nifty market can take off from 36,100 which can act as supporter level.
2nd May : Market sideways. Hitting stoploss on both sides. Pls be careful. Be careful of FII selling. If they sell, they generally start selling from. 1;30 pm onwards. If they start seling,, this sideways market becomes a big downward market. Pls watch out.
A.holes. FIIs were waiting for market to gain since yesterday and today. Yesterday market gained. Today market gained. They were waiting. So at the end today FIIs sold heavily in shares and FNO.
This market is like a jumping jack. Gap up one day , gap down one day. And entire day it will be range found after gap down or up. 17,000 is a good support level , after that technical indicators are.of no value.
200 day simple moving average was already broken. Next support i...