General Trading Chat

[Nish]

Does N 24700 option call writing looks unstable and fragile ???

Just a thought !!

 

[tradermodified]

N50

On staying above 24500
to move for 24700/750 levels

ltp 24562

Expecting by eod/tomorrow morning

so far high 24603.40 an ATH

ltp 24590

 

[cinderblock]

25K dheere dheere..

 

[Raj232]

Today Bank nifty is flat but growth stocks like Maruti Suzuki and other frontliners are making a dash .. to get to fresh new highs this month ..

 

[Raj232]

IMO
Budget rally has started.
Only 5 sessions, has been left
17th is holiday.

Though I am not much hopeful for a good budget, but expecting some benefits will be there.

Also, budget day may be the top for some time.
(IMO top levels should be, somewhere, 25500 for N50 and 55000 for BN)

VIX has also started going up.. +3.5% today ... might touch 20 level ( currently 14.2) by 24th July .. lets see.

 

[timepass]

25K dheere dheere..

Everybody is expecting that, so maybe the market will want to do shirshasan

 

[cinderblock]

Bulls in full force tomo

 

[tradermodified]

Expecting by eod/tomorrow morning

so far high 24603.40 an ATH

ltp 24590

did an high of 24650 and fell.
seems more time for an up move.
or may drop to 24575/60

ltp 24622

 

[Raj232]

did an high of 24650 and fell.
seems more time for an up move.
or may drop to 24575/60

ltp 24622

Not sure what is stopping the upmove... looks like operators are trying to givea surprise ove when nobody is looking...

Frontliners like Maruti Suzuki have also paused, maybe someone big (FII's) is on SELL side in current market..

 

[Nish]

Is N range shifting down slightly towards 24650 to 24450 ???

The un-easyness is evident in the market before budget, BUT overall bias still seems to be positive in the long term ???

View strictly for STUDY PURPOSE !

Q marks represents the dis-claimer to pl do your own study with proper SL !