INDICATORS

The  11600 CE and PE indicates range bound move in nifty and  no positional trade possible. 

Both are trading much below the last month close of 171 and 225.  

Now CE and PE are trading at 73 and 67. 

So, October month is dominated by option writers who made money on both sides. 

My view on nifty is purely based on price action. 

As of now 11600 Ce and Pe is totaling to 140. So we can expect a range of 11440 to 11720 during next week from a close of 11580 on Friday.  

Any close below 11460 is bearish and 11720 is bullish.  You cannot have a better explanation on nifty level than this...Isn't it??

MY ADVISE TO OPTION TRADERS:

DO NOT BUY CE OR PE AND CARRY OVER, KEEP UNDER THE PILLOW, DREAMING OF BECOMING A MULTI MILLIONAIRE OVERNIGHT. 

YOU HAVE TO BE TECHNICALLY SOUND TO ACHIEVE THAT.

I WILL TELL YOU WHEN YOU SHOULD CARRY AND MAKE HUGE MONEY. 

BELIEVE IN 

                       YOURSELF

                        MARKET

                        TECHNICAL.

LEARN EVERYDAY.  PICK NEW LEAF.  YOU ARE THE WINNER.

LET THIS NEW YEAR BRING PROSPERITY IN YOUR LIFE.

I WISH ALL MY MEMBERS A VERY HAPPY DIWALI. 

I HAVE GIVEN THEM A SPECIAL DIWALI GIFT BY SUGGESTING 11600 CE ON FRIDAY FOR CRACKERS AND SWEETS EXPENSES.  

GOOD LUCK!