About trades today.
I sold 9300 PUT as there was a gap up opening above 9350. This position is trapped. I squared off the position for loss.
I also squared off my positions from Friday.
I hold 9500 CALL. That position is open.

NIFTY Opened gap up above 9350 and sustained there for some time, like 30 minutes. But then it was straight down day. So 9340-9440 is a hard to break resistance zone.
I have the following observations about today's price action
1. NIFTY has opened gap up and closed the gap. This has happened 3rd time in last 5 days.
2. NIFTY showed follow through on the downside after breaking below 9350.
3. VIX fell little less than a percent.
5. Advance Decline ratio 30:20 , on positive side.
5. BANK Nifty fell down 2%, mostly due to ICICI Bank
I read this action as
1. I assume now some momentum is gathered. If NIFTY breaks below 9130, this fall will touch 9000 region.
I sold 9300 PUT as there was a gap up opening above 9350. This position is trapped. I squared off the position for loss.
I also squared off my positions from Friday.
I hold 9500 CALL. That position is open.

NIFTY Opened gap up above 9350 and sustained there for some time, like 30 minutes. But then it was straight down day. So 9340-9440 is a hard to break resistance zone.
I have the following observations about today's price action
1. NIFTY has opened gap up and closed the gap. This has happened 3rd time in last 5 days.
2. NIFTY showed follow through on the downside after breaking below 9350.
3. VIX fell little less than a percent.
5. Advance Decline ratio 30:20 , on positive side.
5. BANK Nifty fell down 2%, mostly due to ICICI Bank
I read this action as
1. I assume now some momentum is gathered. If NIFTY breaks below 9130, this fall will touch 9000 region.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
