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

Bank nifty no trend seen only zig zag moves

This is how it closed flattish to tiny negative despite huge 1200 points fall in Bank Nifty intraday.We closed the positions at par with no profit no loss

Please note that option selling is advanced trading for experienced traders. So we are posting simple trades for basic understanding.We will share learnings how to swim in this ocean called market.Stay tuned

OI data again positive today. Price action above 17200 and 36250 bulls need for strong short covering move

Nifty +200 again on data

OI data positive today. We noticed that FII have increased noticeable longs from 25th Nov to 1st Dec on all dips in last one week, even on that day when Nifty fell 500 points. Bullish signal