๐๐จ๐ฎ๐ซ๐ฅ๐ฒ ๐๐ : BNF took support from 37250 zones three times on friday and closed at day high. 37250 levels will act as a strong support for now
๐๐ ๐ฆ๐ข๐ง ๐๐ : We can clearly see a BO of the trendline and BNF closing at day high despite weak global cues on Friday and a gap down open.
All these pointers clearly indicate the leg of rally would be led by BNF
Two things to take of note of for the current week: 1. Jan 26: Trading holiday for India 2. Jan 26: US FED meet on interest rates which will be on the midnight (IST time)
So essentially we would be reacting to their interest rate decisions on Thursday morning i.e. on expiry
There are some years that become a dividing lineโญ๏ธ
2021 is one of the most incredible year of my life, worked on so many new stuff and I'm glad & grateful that I found a great friend and a business partner @AdityaTodmal ๐ค
Also, Thank you โค๏ธto everyone who has joined me๐
As we look forward to 2022, letโs do a quick round up of all the threads ๐งต for the year 2021
Learnings from one of my favorite Trader & Youtuber Mr. Subasish Pani @subasish_pani of ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ผ๐ณ ๐ฆ๐๐ผ๐ฐ๐ธ๐ fame from the F2F interview conducted by @Vivbajaj Sir of @elearnmarkets fame
Time for a thread ๐งต
โข After being a successful in cash, futures & option buying in intraday Subasish is currently a Positional Option Seller
โข Probably an only option seller who sells Deep ITM options