4180 rising channel
4140 old low
check picture for details
If you are short these are your targets
4240 is the stoploss.
If you are a bull you might look to buy near supports
but sl has to be under 4140 old low
If you are a mega bear then you are probably already dreaming 3990 and 3750 and 3650 and 3556 :)
right?
So levels won't matter there.
Just keep in mind above 4240 nifty we are in breakout mode on the monthly charts.
5 comments:
4400 - dream on!
4300 - daydream!
4200 - wonder!
4100 - reality!
4000 - possibility!
4050 looks more probable...
Don't ridicule my dreams :)
3560 buy calls
3900 buy puts
3700 buy calls
4000 buy puts
4100 buy calls
4 home runs call/put options that doubled/trebled.
One mishit
bought put of 3900 for 30 near 4040
hedged with 3800 put for 15
net loss minimal.
If you don't dream then you are just not using 80 % of the processing power of your brain...
Ever tried learning something new?
If you sleep on it sometimes things that didn't make sense 24 hours ago will be crystal clear.
The brain works in mysterious ways....
don't forget the 'dream'
includes
4100
4400
4600
4900
We'll only know by the end of the year. whether the dream was valid.
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