re: Day trading Nifty & Banknifty Futures
option premium falling like anything , even when nifty was 100 up @ 6100 spot yesterday, premium in these calls were almost same as day before @ 6042 spot , expiry is still 9 trading days away but OTM calls/puts premium fallen to very low => operators expecting no major movement now , no important data/event is scheduled in remaining days of this expiry .
I think TOP @ 6342 spot is done , Bottom @ 5972 spot not sure.
Holding 6400 ce , 6300ce , 6200 ce ...
please dont ask me how much and which price .. i dont want to remember
please dont ask me how much and which price .. i dont want to remember
if my TOTA is correct market will up heavily on Monday .. and tue too some extend ....
If it does not break then what ?? simple...the TOTA is wrong.
If it does not break then what ?? simple...the TOTA is wrong.
I think TOP @ 6342 spot is done , Bottom @ 5972 spot not sure.