#TATAPOWER....
A case study for finding the reversal with the help of Price, Volume, Futures open interest( COI), Option Chain.
*** Weekly chart with prices going down as equally to the year 2005 prices.
A case study for finding the reversal with the help of Price, Volume, Futures open interest( COI), Option Chain.
*** Weekly chart with prices going down as equally to the year 2005 prices.
However, the catch is volume kept decreasing ....... Alarm.
COI come to the annul low level.......
Alarm... Smart money covering their short positions.
Alarm... Smart money covering their short positions.
27 March 2020:
1st day of the Apr 20 series.... COI stopped dipping , it become flat. No more shorts..... Stand By for long bias😉
1st day of the Apr 20 series.... COI stopped dipping , it become flat. No more shorts..... Stand By for long bias😉
1 St Apr 2020.... COI started increasing with prices flat.... More confirmation of long bias.
*** Stock price gone further down... All week players thrown out from the forthcoming bullish flare.
*** Stock price gone further down... All week players thrown out from the forthcoming bullish flare.
01 Apr 2020 Option Chain
*** Highest PE at support level..... Bullish alarm confirmed.
*** All far OTM strikes massive position built up at the start of the series.... Waiting for explosive move.
*** Smart money tried misguiding by indicating long put and short call.
*** Highest PE at support level..... Bullish alarm confirmed.
*** All far OTM strikes massive position built up at the start of the series.... Waiting for explosive move.
*** Smart money tried misguiding by indicating long put and short call.
03 Apr 2020 Option Chain....
***Final nail in the coffin for stand by fire.....Smart money ready to reap the quick profits by options.
***Final nail in the coffin for stand by fire.....Smart money ready to reap the quick profits by options.
*** Stock gap up closed up by 10.61 % ++
*** Profit in option as you see here.
*** Profit in option as you see here.
Thank you so much for reading till here.
Further, my humble request..... Focus on learning and not the buy or sell tips, If by getting stock name if you cannot decide buy OR sell....
Please avoid trade. Save your money.🙏
#RT if its help full to you for learning.
Further, my humble request..... Focus on learning and not the buy or sell tips, If by getting stock name if you cannot decide buy OR sell....
Please avoid trade. Save your money.🙏
#RT if its help full to you for learning.
