My Daily Options Trading Diary

[findvikas]

11/39... can we make it back to 5045? almost impossible... target 4990-4985 on downside

 

[findvikas]

sold half at 56... will buy back around 53-52... if at all it goes back

 

[findvikas]

book entire now... and go short below 5010 only

 

[findvikas]

bought 5000ce @ 72

 

[findvikas]

bought 5000ce @ 72

had to book at 70...

 

[findvikas]

this time we CAN go below 5010... last time it was too steep dive... now we covered that steep dive and very much possible to see below 5000

 

[findvikas]

market taking a deep breath before it falls... wait and watch

 

[gbiradar]

If we close below 5010 on closing basis then 4900 on cards soon...

 

[findvikas]

argh... double bottom is not good ...

 

[findvikas]

strange thing to notice is that bears gave up and bulls manage it up again and both times without volume... bulls cant be that strong. it could be a stage preparation for FIIs to short after 2pm... or it could be a bear trap...watch out for 5040-5045 range on upside to get out of shorts