Saturday, February 21, 2015

Trade Positioning for the Budget battle

: Call buyers out number put buyers 24:16, 3:2 as of now.....expecting high volatility because of this...trading till budget is not going to be easy for those with hesitation
: Operators with lot of dilemma how to take market up with lesser mass beneficiaries.....this can mean 4 things.....1.jolt market down, 2.gradually inch market up, 3.hold market till budget and shoot up huge.....
1.jolt market down one time before budget,I mean
2.gradually inch market up to start making call buyers fearful of fall and thus book
3.not letting market go up till budget.range bound till expiry and then shoot up
: Expectations from budget matter as of now......reality will matter after the budget
: Technicals will take back seat till budget.....only tactics will be at play.Will be foggy to take hints from technicals till budget.sticking to a strategy will have better chances.
: Rsi pattern badly tangled yesterday.....
: In these times, technicals are bull dozed.....are of little help.....
: Every strategy will get one chance to book profit.....and 2 chances of booking loss.....
: Trading less and with zero doubt not bad
: 200 point nifty up down loss manageable.....what if circuit scenario plays out?
: After budget I mean
: Can't miss such opportunity....
4.There is a fourth possible way as well.....shoot market up before budget, hold it and crash afterwards....
: Surprisingly, as a hint, option premiums not high on either side with still 1 week to expiry....this generally happens when big move expected.....
: Will like to go long now with half of allocated capital, keeping half for buying at any downward tactical jolt.....
: Final decision after opening

1 comment:

Unknown said...

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