I think both #nifty and #banknifty have made short term TOP
I see 15% correction from here from trading point of view
Long term view (2 yrs) is super bullish (just to avoid confusion)
Unless some short covering comes in last hour, I will go with simple Buy PE in both indices
I see 15% correction from here from trading point of view
Long term view (2 yrs) is super bullish (just to avoid confusion)
Unless some short covering comes in last hour, I will go with simple Buy PE in both indices
As said above, going home with simple ATM weekly Put buy on both the indices
expecting a good gap down tomorrow
expecting a good gap down tomorrow
Squared off all index positions. Will wait for day low to be broken. Then will take a call. Today short covering might not come, it's going to be sell on rise for intraday
I have bought plain vanilla ATM PUT for both #nifty and #banknifty
This week i am avoiding selling any option as when VIX is expanding, it has higher chances of loss,
Option selling is all about saving yourself from few biggest losses in a year
This week i am avoiding selling any option as when VIX is expanding, it has higher chances of loss,
Option selling is all about saving yourself from few biggest losses in a year
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