Profile charts for 24th Feb
We start analyzing March futures from today. The Italics are the comments from yesterday. Bank Nifty : ——– The pull back rally high is 11150 ( adjusted for Mar).– Pull back rally is the afternoon adjustment of inventory and the trend of the previous days resumes only above this level.-10816/ 10616 are lower supports——– – […]
Expiry for Feb
Over the weekend, Viren had posted an interesting chart about the Point of control for the series holding price down and a flat market for the week. Unfortunately the profit for the straddle has been severely affected by a rampaging Vix which has put paid to hopes of a theta decay for most writers from […]
Vix
Here is some recent Vix discussion from the trading room : The excerpt in unedited and recent : [10:55] Shai C: a higher vix and lower price is actually a false notion of the mkts[10:55] Shai C: does not happen all the time[10:56] Lingaraju Haralahalli: Shai, I fully agree on that[10:56] Shai C: maybe when […]