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7600 Good Support VIX Falls

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As expected, 7600 became a strong support. Nifty bounced back from 7610. Click here to see.

And the good news is that the whole world has taken a 0.25% increase in FED rate for granted and have moved on.

Indian markets are great followers. Once the European markets started moving up yesterday, Nifty also started moving up. Very strange but we traders cannot do anything about it. Intraday traders can benefit from it though.

The good news is worry is over.

And when worry is over you can see that VIX has also started to fall.

At 11.20 am INDIA VIX is at 16.82 which is 3.00% down from previous close.

It will fall further tomorrow. Be ready to close strategy 1 if in reasonable profits tomorrow.

More profits coming. 🙂 I will send an update later tomorrow.

Somebody came to my site today morning looking for “Dilip Shaw Wealth”. Holy shit, really? I mean if I have less or if I have more, why should it really bother you? Your only concern should be if you can really benefit from my course. If yes, then is it worth spending 5k on it once in your life? That’s for you to decide.

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My Best Regards,
Dilip Shaw
90511 43004


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INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website. Please note that I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other form of social media. I strictly adhere to laws of my country. I only offer education on finance, investments on stock markets in the best possible way as much as I can through this website. Still, you must consult an authorized advisor or do thorough research before investing in any stock or derivative before trading any strategy given in this website. I am not responsible for any investment decision you take after reading any article given in this website. Knowledge is the only way to get success in stock markets. I try my best to give stock market investing and trading knowledge through the articles posted in this website. Thanks for visiting my website.

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About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

{ 2 comments… add one }
  • k ANJIREDDY

    Sir according to your idea today morning put options of icici bank put sell at 8.75 and booked at 5.8 thanq

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