Options Scalping®
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Good Morning Team, Yesterday was a perfect day for Bulls to gain complete control to take BN towards ATH, which they failed as Sentiment on Nifty was poor due to IT Pack & Reliance. But considering the way US Markets played out last night, it will be weak start for our markets, but BN could be the Outperformer. Any Big Gap down, I wouldn't be keen to short this Market, instead wait for it give me Proper directions. Yesterday, they recovered from Lows, especially BN, which is giving some hope for the Bulls. Considering its BN Expiry, we may have some fireworks in the 2nd half. Also, watch out for Open & High, which might have a say during the course of the day. See you all at 10.30 AM. in the mentoring session. Happy Trading 👍
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Again I Repeat... This Market is not for Traders who keep 10 or 20 Point SL... If Your Playing range is not less than 200 to 300 Points, Please stay away from this Markets...
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Good Morning Team, What A Comeback by Bulls again yesterday especially in Nifty in 2nd half. As informed BN has some unfinished business which is to try & hit the ATH, whereas what Nifty did yesterday was completely out of the Box & the rally would have surprised many. Also with the kind of momentum they picked up, is a Sign where BTST is getting formed & expect a Gapup in the morning & will look to be a Bull in the Morning at any morning dips. Most Importantly we have both Sensex & Nifty Expiry today considering it's Holiday Tomorrow. I would try to stay light in 2nd half. Market is expected to be irrational for a long period of time & current regime is proving that. See you all in Mentoring Session @ 10.30 AM. Happy Trading 👍
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Forwarded from Options Scalping® (Sivakumar Jayachandran)
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