mindzap

mindzap Updated 

Monthly is bullish. Several times before price graced 175 - 180 region and moved up. Last couple of months, market sold at lower prices giving a lower high sequence and hiting the 180 resistance. This resistance point is getting weaker as price navigates through that area more often. Also, there is very high open interest build up in long 200 and 210 strike which...

mindzap Updated 

This market shows some strength after a long decline. Took a long position at 188 with stop at 185. There is daily resistance at 200 and weekly at 220. Breaking of 200 to upside will fuel further movement due to short covering.

mindzap Updated 

380PE had high open interest and so took a trade to the upside with 380 as the stop. Bought stocks at 392. There is daily resistance near 420 and weekly at 450.

mindzap Updated 

This market topped at around 215 and sold off. Consolidated briefly and then showing strength to the upside. There is high open interest at 180 and 190 which will act as the resistance. 190 is a weekly resistance as marked in red and 180 is a daily resistance as marked in black. Once 180 is taken off then weekly will become formal uptrend which will further fuel...

mindzap Updated 

Monthly is bullish. This market is respecting 275 and there is a bounce from 260 which is from where it rallied up last time. The point is if the market were to go down why is it respecting 275? Interestingly, this phenomenon is happening for the last 4 weeks. A look at the open interest says this market is equally biased to the upside and downside. 13.5M...

mindzap Updated 

RSI bottomed out and market shows strength to the upside. Market broke above the previous swings and took a position on the long side with stop at 270.

mindzap Updated 

This market corrected and shows strength to the upside. Took a long position with stop at 175

mindzap Updated 

Took a long position with stop at 502

mindzap Updated 

Looks good. Stop as shown and manage with trailing stop after a swing

mindzap Updated 

Market retested 14 and provides a low risk entry with stop at 15. Took a long position with stop at 15.

mindzap Updated 

Market bottomed out last time around 520 and this time around ~ 720. During the recent fall RSI bottomed out and this is the first swing high. Market tested 736 multiple times and moves higher. So took a small position at 790 with 736 as stop. Will average down the buy until 750 as market allows to reduce the risk.

mindzap Updated 

First swing high after RSI crossed above 30. Stop as shown, manage using trailing stop.

mindzap Updated 

Stop at 50.4

mindzap Updated 

Previous swing bottomed out around 940. This time there is strength around 990. Weekly is bullish and stop at 990.

mindzap Updated 

Broke the LL and breaks out to the upside. Stop at 231

mindzap Updated 

Would like to buy at 40 with stop at 36. It is too high for the moment.

mindzap Updated 

Plotted the cloud for support and resistance. Market fell from the highs and took support around 200 EMA and is all set for a breakout. Initiating a long with stop at 130 and use trailing stop loss for management.

mindzap Updated 

Looks good, stop as shown