Nifty trend change alert given at right time near 18300-18400 at premium groups. Longs exited and short side opened 🎯

Nov last week started from today.Market was down till yesterday.Reversal happened today. Samajhdaar ko ishara kafi tha panic selling ke din😀

As per time cycle we would have started buying from today's assuming reversal done yesterday. But rumour about new corona stain floating. Sgx -200.Wait for clarity. Don't jump in.

Nifty -400

Nifty option traders can try this trade for next week.Margin required only 35k per set.RR 1:5 looks good with very small risk

Cmp

Sample trade given on Friday is up 1%+ even when Nifty did-200 then +300 then -100 all intraday volatility.Why to panic when you can trade with smallest risk

Same trade for our clients enjoying when 99% traders gone for stoploss today in such gap down and panic

Bank Nifty taken this option trade with defined risk

👆🏻Last week we told to wait and not jump in to buy the views given in some stocks.One can slowly start to buy in all the three stocks at lower end of the given range.Don't chase

Icici Bank support 721

OI data surprisingly bullish today after many days. Price action need to follow now

Data of Nifty combined OI

Result Nifty +190😃

Adjustment no-1.We rolled up put side

Adjustment no.2.Rolled down call side.Highly volatile market is difficult for option selling but inspite of 1000 points fall from day highs we have managed to be in green till now

Notice one thing.When entered the trade risk reward was half,now equal after adjustment.Keep learning with us