How and why the stock was chosen?
For the stock selection the no of methods I used this is One of them:
Day to day
1. Price down.
2. Traded Volume down.
3. Traded Value down.
4. No of trades in cash market down.
5. Delivery Volume down.
6. Delivery % down.
8. No. Traded contract in derivative market down .
9. Traded value in Futures down.
10. Open interest in futures Up.
11. Basis -Ve.
12. Strong Put writing in ATM PE and unwinding in ATM CE... Strong Ultra Bullish indication.
- Strong bullish diversion on RSI & MACD.
- Strong demand candles at support.
- Daily and weekly support.
14. It was an indication of all dips being bought and there are no strong sellers on the counter.
15. Next Psychological resistance at 200.
Now one can see the difference in the prices of call and put.
CE jumped almost 800% in a day.
Cheers!!!
If you have learn something #RT please.