My Daily Options Trading Diary

[findvikas]

more upside possible..... above 5020... 5050 is possible.

 

[sumosanammain]

must be something wrong in the NSE
Even when sells were more that buys, market moved up
Definitely a conspiracy by the opposition party

Vikas, buddy, please dont take my posts otherwise
I have been through your phase, where I have looked at even the smallest glimmer of hope in my positions favor and not seen the markets move against me, because I was wearing coloured spectacles.

Wherever I looked, I saw my position as right, tho my ledger didnt seem to understand that

Its not a question of being right or wrong.
I myself am wrong nearabout 4 out of 10 times, but at least I dont live in fantasylans.

I dont know if you will take this as an attack on you or as constructive criticism. I leave it to you

 

[findvikas]

buy only above 5020... downside... targets are 4990-4980-4970

 

[findvikas]

must be something wrong in the NSE
Even when sells were more that buys, market moved up
Definitely a conspiracy by the opposition party

Vikas, buddy, please dont take my posts otherwise
I have been through your phase, where I have looked at even the smallest glimmer of hope in my positions favor and not seen the markets move against me, because I was wearing coloured spectacles.

Wherever I looked, I saw my position as right, tho my ledger didnt seem to understand that

Its not a question of being right or wrong.
I myself am wrong nearabout 4 out of 10 times, but at least I dont live in fantasylans.

I dont know if you will take this as an attack on you or as constructive criticism. I leave it to you

acting on right data is what i do... inverse H&S gave me sudden profit .

 

[trade4putuval]

buy only above 5020... downside... targets are 4990-4980-4970

well, i am confused with your earlier quote and this quote.
Which direction is market moving?

Rajiv

 

[sumosanammain]

acting on right data is what i do... inverse H&S gave me sudden profit .

But I thought you were bearing in a big way with all total buy and total sell qty way way way in favor of weakness?

 

[findvikas]

But I thought you were bearing in a big way with all total buy and total sell qty way way way in favor of weakness?

do you think only in one direction... I can see both ways ... quantity has reversed once again and once again in favor of bears.. but not that much.

 

[findvikas]

well, i am confused with your earlier quote and this quote.
Which direction is market moving?

Rajiv

Rajiv,

market has levels which act as triggers... it was inverse H&S pattern triggered and a sudden bounce where buy/sell numbers had reversed in favor of bulls... now they are back in favor of bears... so its ranged market.. no clear direction and the one who can dominate will win the battle

Asia had a flat to bearish closing.. same is expected for india..

 

[PGDIMES]

Rajiv,

market has levels which act as triggers... it was inverse H&S pattern triggered and a sudden bounce where buy/sell numbers had reversed in favor of bulls... now they are back in favor of bears... so its ranged market.. no clear direction and the one who can dominate will win the battle

Asia had a flat to bearish closing.. same is expected for india..

How much downside r u expecting?

 

[trade4putuval]

Vikas, I am looking at the graph shown in google finance. Just for info, I am asking this question.

Don't u see a double top forming? Also, isn't it possible that a H&S is being formed in the process?

Rajiv