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Wednesday, March 27, 2019

Stock Market Walk Though - Monthly Expiry - 28-03-2019

1. Monthly Expiry
2. Global Market is in Red, SGX trading 15 pts lower right now
3. FII/DII are net buyers
4. Nifty forms Dark cloud pattern in day on high zone, so Nifty may go down one the low breaks.
     Bank nifty forms Doji pattern in day candle, So confirm once High/Low breakout.
5. FNO -   Features - Nifty looks like bearish, BN neutral.
                 Option PC Ratio - Nifty - Bullish & BN - Netural
6. Max Pain on nifty - 11400, BN 29800. so plan accordingly.
7. Nifty may end between 11365-11470 and the bank nifty end in between 29800-29950.


TRADE WITH EXTRA CAUTION,


My Trade Plan

1. Strangle in nifty [ ATM, OTM ],
2. Short Nacked call/put in stocks [ Mindtree 960 CE ]
3. LOTS - Confidential*


HAPPY TRADING
Vijay

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