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Don't trade calls. Can trade puts 👍

Hindpetro call - SL hits, we exit

Keep 35100pe in watchlist 👍
Entry range 310-320 range 👍

We will trade naked and Bear put spread on some bounce 👍

Expecting bounce till 35280-35300 zone. Good range to short 👍

Bear Put spread

Buy 16500pe and sell 16400pe

As Expected we have bounced

Buy 35100pe at CMP 320
SL 270

Exit this put around cost now

We will wait more

Exit put and wait

Enter now again 35100pe with SL at 300 only
Will take small risk. Because I feel there is some confusion here

So either don't trade or trade with small SL

As expected they have taken our SL
But it's good that we have lost very small 👍

Exit this put spread with small loss

We will make a fresh spread when there is clarity. I think they want to trap more people before taking it down.

Don't trade puts and don't trade calls , better wait for sometime 🙏

They are taking up as per our expectations just to trap retailers. Don't get fooled. Just sit and watch. We will short when there will be right opportunity