In the Oct series, there are currently ~ 2X number of puts outstanding as calls...If a short term correction does come looks like it will be broadly cheered
tks KRG. i dont plot charts at all. i use candle stick charts and wave counts on them rather than plotting neowave charts.i find candlesticks most useful charting.
manav, the clearing settlement should be between 6000-6100.with large no of puts the market is adeqautely hedged i suppose. however large no of data points are difficult to analyse.something which will be cheered broadly, shouldnt ideally come about?
Great calls on sensex and gold..
ReplyDeleteDo you plot your own charts or do you rely on a software? If possible do post broad wave counts
Cheers
In the Oct series, there are currently ~ 2X number of puts outstanding as calls...If a short term correction does come looks like it will be broadly cheered
ReplyDeletetks KRG. i dont plot charts at all. i use candle stick charts and wave counts on them rather than plotting neowave charts.i find candlesticks most useful charting.
ReplyDeletemanav, the clearing settlement should be between 6000-6100.with large no of puts the market is adeqautely hedged i suppose.
however large no of data points are difficult to analyse.something which will be cheered broadly, shouldnt ideally come about?
thats what I meant Vipul....too much of put buying usually means market may head the other way
ReplyDelete