General Trading Chat

Further reduction in IV - option walo ki jeb dheele khade khade
 
rcom had open=low day, but didn't build on it. Was expecting some short covering for the series today.



Union bank had the same open=low but did go up significantly.

Didn't get a proper entry anywhere. Jhand day, just got out with my skin intact.
 
thats some fundoo :D your expected moves of Nifty have been spot on this week!! awesome, am going to check out your thread this weekend.
Don't trade just on options patterns - use them only as indicators - instead of lagging one's they are preceding indicators.

Use them in combination with system - I'm setting up Pratap's AFL's over the weekend - will start posting option patterns along with those charts - for better coorelation and understanding
 

wisp

Well-Known Member
Don't trade just on options patterns - use them only as indicators - instead of lagging one's they are preceding indicators.

Use them in combination with system - I'm setting up Pratap's AFL's over the weekend - will start posting option patterns along with those charts - for better coorelation and understanding
Thanks, no I don't plan to trade the patterns, if the system I am using (pivot method) gives me an entry and your fundoo idea backs it up, then it helps me position size better.
 
The complete Week's Action based on weekly data -

All the sectors were positive except telecom



Mostly Short Covering and New Longs -



Overall most stocks were up during the week -




Regards
 

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