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Sanjeeva Reddy replied to Priyam's  post

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
Jun 22 2:13 AM
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Sanjeeva Reddy replied to DataBot's  post

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...
Jun 14 4:14 AM
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Sanjeeva Reddy replied to DataBot's  post

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 ...
Jun 10 4:38 AM
Sanjeeva Reddy replied to DataBot's  post

Going to be bloodbath on Monday. So Sell call options and make money
Jun 10 4:08 AM
Sanjeeva Reddy replied to DataBot's  post

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
May 22 3:47 AM
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Sanjeeva Reddy replied to DataBot's  post

Oh man !! Again 😂
May 22 3:44 AM
Sanjeeva Reddy replied to DataBot's  post

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...
May 17 1:40 AM
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Sanjeeva Reddy replied to DataBot's  post

Holiday ?
May 16 1:11 AM
Sanjeeva Reddy replied to DataBot's  post
May 13 11:13 AM
Sanjeeva Reddy replied to own  post

@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 .
May 5 12:12 PM
Sanjeeva Reddy replied to own  post

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 .
May 5 7:50 AM
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Sanjeeva Reddy-display-image
Reputation: 2,316 • May 5 12:29 PM

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
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Sanjeeva Reddy replied to DataBot's  post

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...
May 5 12:13 PM
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Sanjeeva Reddy replied to DataBot's  post

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.
May 4 1:21 AM
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Sanjeeva Reddy replied to DataBot's  post

May
Nifty Future Levels
Resistance: 17130, 17182 17238
Support: 17038 16968 16932
Banknifty May Future - for day trading Levels
Resistance: 36250, 36345 36500
Support:36086 35950 35900 35795 35700
May 4 1:17 AM
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Sanjeeva Reddy replied to DataBot's  post

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.
May 4 1:14 AM
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Sanjeeva Reddy replied to DataBot's  post

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.
May 2 6:29 AM
Sanjeeva Reddy replied to DataBot's  post

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.
Apr 29 11:27 AM
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Sanjeeva Reddy replied to DataBot's  post

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...
Apr 27 1:23 AM
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Sanjeeva Reddy-display-image
Reputation: 2,316 • Apr 26 8:04 AM

#NIFTYBANK unusual trap going on with BNF?!
It opened with a gapup and remained there for a long time. then suddenly it falls 250 points around 12:45 to 1 PM. so it had hit my stop loss .
Then i took another trade.
then it recovers and pulls back and then falls another 200 po...... read more
IDX:NIFTY BANK - chart - 8900356
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