Wednesday, June 6, 2018

morning thoughts...

The markets panned in exact manner as illustrated and index along with bank nifty saw a free fall and yielded above 1000 points in bank nifty in 24 hours with index options turning 3-5 times
After the magnificent returns in hdfc bank call option which moved from 0.30 to 20 with 20 lots gave us tonnnss of profits
Now we have positions in idea 60 puts at 2 rs , large and accurate positions in index , nifty and bank nifty options as we forsee a huge a sudden trap and very sharp move which will not enable anyone to take or catch the move on spot , advance positions in the same is required and will only give very huge returns in very short time
Technically now the zones have turned parabolic and expect violent moves in trinity zones for the coming sessions with macro and micro factors on head
We also head for an important domestic event, along with many global events on swings
The supports and resistances for the index can be seen at 39.8 % and 61.8% retractable levels on 30 , 60 and 72 dema as the macd stays above 45 and the continuous rise of pcr stays above 1.21
Coming to commodities markets we may see positive bias in bullions , base metals and energy

Huge surprise ahead...
Adventures ahead...

Finest times for index and options traders to make themselves happy and satisfied in very short term