iCharts Discussions

[Pats]

Nfty curPrice 10906
BN curPrice 20736.
IVix 22.48.

As expected in last post , Nfty slipped below 11000 and towards first T1 achieved. ... T2 may come or may not come immidiately !

[Pats]

Nfty last cl 11050.
BN last cl 20982.
IVix 20.68.

As expected Nfty and perticularly BN tried to take support around 20400 as was mentioned in last posted chart of BN and closed higher ! .. Hope the rally may continue with some whip-saws !

[Pats]

Nfty curPrice 11170
BN curPrice 21351
IVix 20.71

As expected in last post, BN surged upward.

My Trade:
Baught BN 29Oct 24000CEs at 76.
Sold same CEs at 94.

Total Profit : 18 x 25 x 15 lots = 6750/-.

*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11200
BN curPrice 21495
IVix 20.71

Again did same trade, booked profit 3600/-

Reversed BN position to SHORT side , and Baught 29Oct 18000PEs, with proper SL.


*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11400
BN curPrice 22055
IVix 18.90

Started accumulating 29Oct BN 19000 PEs.

By the way, for mytrading, after consolidating below 50000/- , expecting GOLD to slowly move towards 54000/- plus.

*** For Education Purpose Only ***

[Pats]

Nfty last cl 11416.
BNfty last cl 22246.
IVix 18.35.

BNfty moved exactly , as shown in last BN chart posted some days ago, btwn 20400 to 22400 plus/minus whip-saw !

Booked some profits in 2 intraday longs trades in Nfty 11350 CEs.
One BN short trade was in loss ! .. Overall Profits only 2800/-

If BN trade would have been avoided, then profits could be around 5100/-

1) Current Fibonacci Pivot Point of Nfty is around 11397.

So consistent close above Resistance-1 around 11428, May take up Nfty towards:
R2 11447,
R3 11479,
R4 11501,
R5 11529.

And consistent close below Support-1 around 11366, May take down Nfty towards:
S2 11347,
S3 11315,
S4 11293,
S5 11265.

2) Current Fibonacci Pivot Point of BankNfty is around 22067.

So consistent close above Resistance-1 around 22308, May take up BankNfty towards:
R2 22457,
R3 22697,
R4 22868,
R5 23086.

And consistent close below Support-1 around 21827, May take down BankNfty towards:
S2 21678,
S3 21438,
S4 21267,
S5 21045.

Intraday whip-saws may distort above calculations !

*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11556
BN curPrice 22719
IVix 19.80

Nfty and BN abv R1 lvl, so headed up , as shown in last message of Fibo Lvs !

BN sup at 20967 and 21467, which may be re-visited, if market slides in comming days !

In gap-ups and gap-downs I mostly avoid any trades !


*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11727
BN curPrice 22916
IVix 20.21

My Trades:

Baught 8Oct BN 23200CEs @46 and Sold @122.

Intraday Profit 76 x 25 x 6 lots = 11400/-.

Due to tommorows expiry No. of lots were limited to 6 only.

Still holding 29Oct BN PEs.


*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11871
BN curPrice 23250
IVix 20.27

My Trade:

Again repeated ydays trade:

08Oct 23200CEs B@113.50 and S@151

( Low near 86 and High till now 200 ).

Intraday Profit 37.5 x 25 x 6 lots = 5625/-.

The price may go up, but I try to book reasonable profit, near expiry !

*** For education Purpose Only ***

[Pats]

Nfty curPrice 11828
BN curPrice 23176
IVix 20.27

My 2nd Trade today:

Second time new trade on short side:

08Oct 23300PEs B@32 and S@117

( Low near 11 ).

Second Intraday Profit 85 x 25 x 2 lots = 4250/-.

NOTE : The trade was risky and freak , so just 2 lots traded !

*** For Education Purpose Only ***

[Pats]

Nfty last cl 11914.
IVix around 20.50 , which is rising slowly upward !

For my trading, I consider following:
*** Attached Chart of Nfty indicates: ***

Nfty staying abv 11939 can go upto 12104 +/- whip-saw. And abv 12077 may be an unchartered territory !

Nfty staying below 11833 can slide down towards 11680 +/- whip-saw. And below that 11550 is the distant support !

My Trade:
My 09Oct BankNfty long trade was in a loss of 980/-, due to SL triggered !
Part of the game ! ... But overall last week was in net profit !

... All-in-all , FnO intraday trades are profitable - instead of carring positions for next day !!

Update:
Gold as expected in prvs post few days ago, is moving upward with some whip-saws - last cl around 50800 !

[Pats]

Nfty curPrice 11940
BN curPrice 23874
IVix near 22, slowly rising and not good for bullish positions !

As expected and posted in last post, Nfty once stayed abv 11939, scaled high upto 12104 plus.

Below 11833, I will consider it bearish for my trade !

My Trade

15Oct BankNfty 23000PEs B@72 and S@108.

Profit 36 x 25 x 6 lots = 5400/-.

( Low was 65.30 till now, out of 8 lots order placed- only 6 lots got baught ).

Update:
Gold surged above 51000 today morning, expecting more upside !

*** For education Purpose Only ***

[Pats]

Nfty last cl 11971
BN last cl 23874.
IVix 20.21,
IVix is mostly staying abv 20, may be it is trying to show some bearishness in coming days !

For my trading I consider, BN staying below 23720 may be BEARISH for a dip upto 22909.

And BN staying above 24024 may be BULLISH for a upside upto 24712 !

about Nfty Nfty already sliped below 11833 ydy , for my trading I have already posted earlier:

Quote:

Nfty staying below 11833 can slide down towards 11680 +/- whip-saw. And below that 11550 is the distant support !

*** For Education Purpose Only ***

[Pats]

Nfty curPrice 11852
BN curPrice 24144
IVix 22.

Nfty and BN pan-ed out exactly as posted in last message and Nfty went down 11680 and BN slide down towards 22990 or below

Booked sufficient profits in BN short on friday !... Not traded in Nfty

[Pats]

Nfty curPrice 11904
BN curPrice 24321
IVix 22.51 ... increasing IVix may be disturbing for bullish positions !

As posted in last message, BN staying above 20024 is trying to move upward ! ... But considering 22Oct wkly expiry approaching fast :

May give more profit, but for now Booked Profit in my BN 24700CE

BN 22Oct Expiry 24700CE B@83 (on 19Oct) and S@156 (today).

Profit 73 x 25 x 5 lots = 9125.

Not carrying any FnO position now. ... Fresh position may be tommorow for 29Oct expiry !


*** For Education Purpose Only ***