My Daily Options Trading Diary

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chaitanyagoa

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chaitanyagoa

Well-Known Member
Bought 4 x 4600PE @ 105
Sold 2 x 4600CE @ 161

average out... market is weakening
Y have U taken Bearish positions when the market is doing pretty well........

Any reason for that?

Thanks
 

findvikas

Well-Known Member
Y have U taken Bearish positions when the market is doing pretty well........

Any reason for that?

Thanks
Mismatch of demand supply and difficulity to sustain at current levels. 2 min chart made lower high and broken the 13min MA
 

chaitanyagoa

Well-Known Member
Mismatch of demand supply and difficulity to sustain at current levels. 2 min chart made lower high and broken the 13min MA
HI Vikas,

Didnt Understand what u meant..... Can u please explain in detail?

Also, Are u in gtalk now?

Thanks
 

findvikas

Well-Known Member
there are more sellers than buyer... most likely operators are distributing at higher levels around 4660-4655 and there is no good volume to break past the 4665-4670 levels

Simple Moving Average 13,21 setup gives negative outlook ... Slow Stoch is also falling.
 
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