Nifty will be 26 k on 2029

It’s good news then he’s lost control of the war, right? :melting_face:

24000 is close by to stop the fall :maple_leaf:

Other than being a round number, has it ever stopped or resisted here? Next support seems like it’s probably 23600-23800.

nifty pe is now 21.5

rsi in oversold - below 30

Dip buyers are attracted to these numbers. :face_holding_back_tears:

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FWIW, I don’t think I’ve seen @Jason_Castelino ever suggest a round number for adding.

What does this mean ?

Like “I’ll add at 24750”… but never like 24k(24000) or 25k…round number to the thousands…

I dont think so much. It also depends on my fno positions. The premiums also makes a difference.

Ok, At what level do you plan to add next?

If I had added on Monday, why do you think I didn’t add today? :grimacing: today at 24450 futures

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Thought you’ll wait some more… Nvm.

Nah. I go as per my plan. I even sold at gap up on 3rd Feb. So break outs are my exits and stop losses are my entires.

@BB789 before you ask me again. This is covered. 500 points is good for me.

You mean position is “closed”?

Oh yeah. Should have said unwinded.

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Nice. I can’t bear that much drawdown. Your capital is a great buffer for your strategy.

It’s unlevered. That’s when it’s possible to take that risk. And now that i have closed it, i can sell naked put of lower level. If it gets there I may have to switch to futures again.

It’s ultimately about the percentages right. 50 percent is 50 percent for any capital.
I do not know what estimate you have about my cap. Anyways. :love_you_gesture:

Your partially redacted screenshot about a side position gave me a glimpse.

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Why close if you think it’s going up?