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Good Morning Team, Another Tricky Day on cards. Though there was Negative sentiment across globe especially with Dow falling from +180 to -180, but domestically Inflation has fallen, which will improve the sentiment on BN, also people who were wondering on why Kotak rallied last evening, now they have the answer that Uday Kotak tenue has been extended which provides stability to the Bank. Yesterday we saw a Divergence between BN & Nifty, that may continue & we may see BN continue to outperform, but considering we are at higher end of range, it will be very difficult for an outstanding rally. So, please watch out. Happy Trading 👍
😍😍😍 1 L Profit - As I posted in Morning, It was a Tricky Day, though It was Bearish Day, Shorts were squeezed in the afternoon. Played on Both sides, Entry & Exit is key In this Market. Honestly very tough for Option Buyers To Make Money, unless you are Scalping😍😍😍
Team, For Option Buyers last 2 Weeks has been brutal, don't try to be aggressive... It's the pattern change with Controlled Moves. Stay light and don't bother to enter, until you are 200% sure. And exit if the SL hits & don't try to average your position👍
Forwarded from Options Scalping® (Sivakumar Jayachandran)
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Good Morning Team, Looks Like Bulls will be on a Roll. Yesterday was a perfect day to trap Shorts & Today with global cues on their side... Perfect day to take out all resistance on the higher end. But again word of caution need to be exercised Considering we are at higher end of the range. Also, I would avoid any trades in 2nd half considering Theta effect with Writers have been managing it well for the past 2 or 3 weeks. I expect BN to outperform Nifty. Happy Trading 👍