Unit of Technical Analysis

17830 entry SL DAY LOW

1.272 retracement Another entry with higher high Higher low

another entry point in Nifty

Of range

0.236 level of retracement

Nifty good level to buy with days low as SL

Reliance 10 stocks Buy 2367 Sell 2489 Profits 1220 October series 2400 strike Call Buy @84 lot 250 (Rs21000) Now 144 Profit: 15K Difference between stock buying and option trading at the same level of buying and selling Just the instrument is different Guess the numbers speak out all.

Reliance Call option from 84 to 143 for 28th October expiry

Ststus 25 to 36

Weekly expiry from260 to 3 12K+ in a week

Reliance and Nifty Both in strong position

1.272 retracement completion, Morning star and then 50% retracement as signal

IMPORTANT to hold 17403 level now

Has completed 1.272 retracement from Top Cycle is complete

Nifty has given a 0.236 retracement from yesterday’s low Let’s see if it sustains it

Reliance still looks in strong position and ended in positive yesterday. It has been giving retracement at regular levels but support also looks strong. We have to follow the market, let's see how it opens today.

Cool entry @ 50% retracement

Can buy once above 17524 level

17524 is 50% of day range which will act as good support

Have created 2positions with this low 30th Sept 17500 which was just Out of the Money then @138 4lots 2nd 28th October 19000 CE for long 40 days @24.95 4lots