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Option Trading

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osamabinhamid13
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Hey everyone, i hope you are fine and doing good.

I am sometimes doing Trading. Trading in stocks like options. I am a option buyer because we have to pay only premium.
I have a diploma in stock trading.
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Today, i wokeup before the market opened. I did some research on Nifty 50 and Bank Nifty. I did some graph reading and had some trend lines which shows support and resistance and also added fibonachi retracement which shows more clearly these trends.
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When market opened, it opened in a gap-up. I was looking at my created support. I waited for a long time but it didn't reached my point. After market open, it goes sideways to half of the day.
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Market was about to reach to the support but then buyers came. They lift market 80 pints in a single candle. And then market showed some correction but then later on it pumped back and i didn't trade today.
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May be tomorrow will be my day...

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Posted Using InLeo Alpha