hiteshbhatia3559

hiteshbhatia3559 Updated 

Premise: 1. The current unconfirmed hidden divergence will confirm under the 786 fib. 2. The SRSI will then correct downward. Execution: 1. Scale hedge short between 4625-4743 2. Stop at 4900 3. Target 1 : 4350 4. Target 2 : 3800 (hope not...) Result: 1. A 6.26:1 RR trade is achieved.

hiteshbhatia3559 Updated 

No confirmed trade yet, I'll look to short depending on where the correction takes it.

hiteshbhatia3559 Updated 

Exact same play as Infibeam.

hiteshbhatia3559 Updated 

Earnings tomorrow after market close, likely to be heavily negative. I intend to enter the trade late towards the market close to minimize theta. A major risk here is the theta since the lot size is massive.

hiteshbhatia3559 Updated 

Captured a good set of November options. Will exit as the day closes. Idea is to not lose money to theta while capturing any move in any direction. IV is low today - fair chance a straddle may not work - either way I will exit by EOD.

hiteshbhatia3559 Updated 

In a long straddle: 1. Call option for 10650 bought 2. Put option for 10600 bought Targeting high volatility this week with earnings and post Diwali selling. Was expecting a downward move but wanted to go risk neutral on the whole week. The option expires in two weeks time, I may consider selling some OTM options to hedge theta as well.

hiteshbhatia3559 Updated 

Expecting double digit positive earnings. Premise: 1. Wait for the 15/30min beardiv to play out, then buy 2. OTE at 845-849 3. Long term retrace seems unlikely given overall market sentiment Execution: 1. Undecided, draft only. Waiting for retrace. Result: 1. Wait for retrace

hiteshbhatia3559

Premise: 1. The right shoulder of a possible inverse head and shoulders will form as described 2. A bullish divergence will appear on the Daily SRSI along with a retrace to the OTE 3. The market sentiment will lean slightly bearish Execution: 1. Single point entry at 10245 2. Stop Loss at 10029 3. Target is 11220 Result: 1. A 5:1 RR trade is executed

hiteshbhatia3559 Updated 

Premise: 1. Waiting for an OTE retrace 2. Possibility of a bullish divergence on the weekly timeframe Execution: 1. 1:1:4 scale in between 1149-1187 2. Stop at 1100 3. Target 1410 Result: 1. A 2.62:1 RR trade is executed

hiteshbhatia3559

Expecting a retrace upward into the 786 after a three drive down. Small marketcap, and a long history to go with. Premise: 1. Wait for a test of 283 and buy half 2. Reevaluate at bounce 3. Wait for the bearish divergence currently visible to play out Execution: 1. 1:1:1 at 283, 275, 270 2. Target : 600 3. Stop : 260 Result: 1. A 13.87:1 RR trade is executed

hiteshbhatia3559 Updated 

Earnings likely to be positive. No options - will stop out at full retrace. Buy: 165 Stop: 160 Target : 235

hiteshbhatia3559

Solid buy if it ever gets there.

hiteshbhatia3559 Updated 

Premise: 1. A retrace to the OTE will occur in more than 3 candles from now 2. A bearish divergence will appear at or inside the OTE 3. The local trendline support will be broken decisively with volume post entry Execution: 1. 1:1 entry at 0.0955 and 0.0965 respectively 2. Stop : 0.09816 3. Target 1 (Demand zone locally) : 0.0867 4. Target 2 (Full retrace back...

hiteshbhatia3559 Updated 

It's still a long way away, over a few weeks, but whatever. Premise: 1. Expect a bounce off the lower cloud bottom into an OTE short later 2. The entry will have a daily wick, not a close Execution: 1. One point entry at 521 2. Stop Loss at 499 3. Target : 618 Result: 1. A 4.58:1 RR trade is completed

hiteshbhatia3559

Premise: 1. A Bullish Divergence will appear on the SRSI 2. The price will retrace to the OTE zone 3. This movement will happen in more than 5 candles Execution: 1. 1:1:1 scale in between 10130-10180 2. Stop at 10000 3. Target 1: 10510 4. Target 2: 10900

hiteshbhatia3559 Updated 

Need to quickly do TA - no time to write down, mostly the same technicals across the board.

hiteshbhatia3559

One month hold. Entry : 766 Stop : 733 T1,T2 : 860, 960 RR : 2.24, 5.57 respectively

hiteshbhatia3559

Hmmmmm.