Nift at 6150.

NIFTY at critical state. Closing above 6157 2 days back is critical for nifty to sustain bullish momentum. Watchout for gap up on monday.

NIFTY support around 6078, resistance around 6127.

As expected nifty is in a range around 6100. Right now with negative bias.

The position in LT and Axis bank seem to be doing ok. My goal is to take premium as much as possible.

6 more days to expiry.

NIFTY support 5120?

I think expiry game started. If NIFTY is kept in the range 5100 and do expire at 5100 the put writers will gain.

I am not seeing much bullish traction. But need to wwtchout for bears.

NIFTY Resistance around 6150.

Poations that are taken

1. Short axisbank 1200 call
Short axisbank 1100 put till expiry.

14 points

2. Short LT 1060 call
Short 980 put till expiry.