SBIN daily charts shows the Ichimoku cloud top providing support.
Long position in futures @ 260
Long position in futures @ 260
Сделка активна:
Immediate targets (July futures): 265/269/273
Сделка активна:
Medium term targets (July Futures): 280/287
Комментарий:
Highest Call OI: 270 (with reduction in contracts)
Highest Call OI Additions: 280 and substantial OI at 300
Highest Put OI: 250 followed by 260
Highest Put OI Additions: 255
These spot prices could form the basis of SL/Targets
Highest Call OI Additions: 280 and substantial OI at 300
Highest Put OI: 250 followed by 260
Highest Put OI Additions: 255
These spot prices could form the basis of SL/Targets
Сделка активна:
Target for today: 373 (July futures)
Комментарий:
* Sorry typo... Target for today: 273
Сделка активна:
Target not met so holding long position. Tomorrow will reset target to about 280-290 depending on my analysis later in the day.
Сделка закрыта вручную:
Exited at cost. 1 hr stochastics very high and now dropping. Will wait for stochastics and Money Flow Index to hit lower levels and then go long again
Комментарий:
Bought yesterday at 259 which is my pivot level. (July Futures)
Сделка активна:
Long at 259. Holding position
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Closed @ 264
Комментарий:
SBIN may try to find support at 250 or 245. If it bounces from these levels I will enter long again.
Комментарий:
The prices mentioned above are for July Futures
Сделка активна:
Long @ 252 (July Futures)
Сделка активна:
Moving slowly but holding position
Сделка закрыта вручную:
Closed at 292
Комментарий:
Clarification: Closed after rolling over July futures position
Комментарий:
I've been travelling so had no time to post. But managed to enter positional trades. Entered SBIN futures again and finally closed when it hit my top target of 325. That's a rise of about 63 points since I posted this analysis. I traded positional longs a few times since then. That's about 2 lakhs per lot. Feels good when analysis works out so accurately :-)
Max Call OI at 280 spot price