priceNpedia

huge resistance for nifty at 25540 & 25640 - upside would be confirmed if these levels are breached.......below 25440 there would be more weakness.

So this was the reason why Pakistan was avoiding playing aganist india

Saw Romeo…. Good time pass .

As long as Iran does not escalate , we could b near the bottom as IT index saw good recovery after gap dow

india vix risen by 15 % - Big crackers ahead !!!!

Indian indices expected to open lower tomorrow !!!!

Huge selling happening in Indices.

Strangle In Midcap Nifty .

Currently at 90k profit.

Did some adjustments & converted iron fly to credit spread... currently at profit of 44k.. if index falls further it would be even more.

Monthly iron fly going as expected.

Market is falling & i will take home the profit.

Iron fly didnt go as expected - still in profit though... If nifty falls from here.. I will be in huge profit.

Otherwise for plain buy & sell .. it would be better to go for Midcap nifty or nifty junior ... as volatility is better in these two indicies.

If you have option selling stratergies then it is ok to trade in Nifty , Bank Nifty or sensex.

As mentioned in my last post.. indicies would be mostly sideways to bullish now.

Target is intact !!!

it would be difficult to make money in this type of market in indicies unless u have a plan. Mostly u will see gap up or gap down and then sideways moves. so naked buy and sell should be avoided.

price action in last 30 minutes is critical..