Nifty may see recovery today

Time: 8:00 am

Month chart is in bullish convergence.
FII has come to sell side now
Weekly chart also looks bearish now.
Day chart is bearish.
4 Hours chart is in bullish divergence.
Nifty is expected to recover here.
Expecting short covering now.
SGX nifty is trading positively.
Bad news from all around the world is making nifty down.
Holding 7600 PE with loss 5K. I feel that market will take a turn.
Bank nifty may help nifty to go up.
Sold out 7900 CEs for hedging 7600 PEs.

Jegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is one of the prime Option Writing Trainer and tutored close to 1000 members till now.

He is the Mastermind of CapitalZone РActive Option Trading where Traders can avail Trading Chart with customised indicators, FNO tools and Payoff analysis. His keynote is to provide whole FNO deets to be handy for Traders in a sole place.

Now he is taking more heed on hedging portfolio in Option Writing where we might subject to more market risk. He is streamlining his strategies often and improving perpetually. At this time unfolding ways to measure good-quality Trend Following System.

Conducting workshop in all Metro Cities (Delhi, Mumbai, Bangalore, Chennai and Coimbatore) often based on queries from Traders.