Yep, bulls have been destroyed. The TV guys still stick to 11K and 11.5 K on the nifty by 31st Dec 2017
All bullish stop losses triggered and volatility is still high
So basically writers were still successfully at 25600 - Rs 27 profit; but 25500 combo writers - no profit, no loss
However PUT buyers gained a lot today in 2nd half. So opportunities are plenty.. but we guys need to figure out a more accurate system to make use of the opportunities that will arise..
if you have some thoughts feel free to post or PM me..
All bullish stop losses triggered and volatility is still high
So basically writers were still successfully at 25600 - Rs 27 profit; but 25500 combo writers - no profit, no loss
However PUT buyers gained a lot today in 2nd half. So opportunities are plenty.. but we guys need to figure out a more accurate system to make use of the opportunities that will arise..
if you have some thoughts feel free to post or PM me..
You won't believe, but HNIs actually do get the luxury/facility from Securities Exchange itself of having live counter (a highly sophisticated software) where one can actually see all the exact big orders lined up by big institutional investors, Mutual Fund houses, DIIs & even orders of FIIs. Accordingly, you can change your position after having an idea where the stock price will go.
To have this facility, one needs to invest crores of rupees in market (I dont remember the exact amount). But it is 100% true.
