General Trading Chat

amitrandive

Well-Known Member
Yes , opened and sustained above Sept 16 close , so went long at that point with stop loss of Sept 16 Close.My ideal target was Sept 18 close,but as got some profits so exited.
:D
Nifty action so far today

5 Min Chart of Spot Nifty

5 Min Chart of Spot Nifty

18Th Sept close touched and down again.A very slow grinding day.
Good I did'nt trade after the morning trade.

 

lemondew

Well-Known Member
Today nifty never looked like going down. It was one way. I dont know what was there for the bears?

But surprising the calls went on adding while puts werent. There isnt any short covering even at EOD little confusing for me.

In all I went long today....

To add more clarity I am looking at options OI volumes.
 
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Dax Devil

Well-Known Member
Today nifty never looked like going down. It was one way. I dont know what was there for the bears?

But surprising the calls went on adding while puts werent. There isnt any short covering even at EOD little confusing for me.

In all I went long today....
Never looked like going up either. But yeah, bears got hammered. They must have shorted at 10 point discount, and had to cover by paying double. :lol:

BTW, if you didn't see any major short covering EOD, it is because bears are hoping for gap down. Chances are high. ;)
 

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