My Daily Options Trading Diary

[findvikas]

just pray that it does not touch 5058 again otherwise another inverse H&S with target of 5070-75

 

[findvikas]

ok... inverse H&S got invalidated.... no more hopes for bulls...

 

[findvikas]

got out of 4900pe @ 22... and bought 5000pe @ 40

currently hold only 10 lots of 5000pe at very reasonable price...

 

[findvikas]

a red candle settlement around 5055 is coming just to hide the bearishness of the move.

 

[aditya14]

hmmm seems likely

 

[findvikas]

from morning 5-8points premium... future turned down to -1 to 1rs discount

 

[aditya14]

but on the whole agar market dekho to its a flat day end.Its better to write calls pr puts then to buy as the market is rangebound

 

[findvikas]

I am looking at the candlestick , usually the confirmation comes with a small bar... and its a perfect reversal act smartly hidden from general public

 

[aditya14]

5051.90 neither side wins

 

[findvikas]

bro I won... the settlement is at 5,054.70