Update - 8 January 2019

  • I think on 30 minutes chart we are forming a reversal pattern.

  • If 27340 is broken with intensity then we can see more upside.

  • Right now it is a sideways market.

  • Post 27340 I added another bull put spread. I am not sure whether it was a failed breakout again. Keeping a close eye. Might exit if price movement seems fishy. Failure to move up means that it is extended sideways movement and will eat out stoploss and profits at both sides.

  • Now I am in a comfort zone.

  • Added 2 lots of naked call of 27800.

Here are my overall positions right now. I will add bullish positions only above 27340. I might even add some bearish spreads for two days horizon just to catch the sideways movement or time decay.

Rohit Katwal

26 views0 comments

Recent Posts

See All

Our first week was pretty bad but somehow we managed to close the July month through Managed Services at 3.5% ROI on total capital. In terms of capital deployed, we just deployed 60% of the total capi