Update - 15 January 2019

• Things got a little more interesting with a gapup.

• Complete disregard for lower time frame.

• It means we can sustain an uptrend on daily charts.

• Which in turn means, that below 27233, one should take short positions. And sustaining above today's low means a bounce back is imminent.

• 01:20 - Could only get one third of my amount to trade today. I have taken a bull put spread at 27100 and 26900 plus a call calendar of 27700 and 28100. In with 15 lots.

• 002:45 - Transferred rest of the amount to previous broker for the sake of trading. I am bullish so entered with another 10 lots in bull put spread and little greedy with 5 lots in put calendar of 27200 and 26700.

• Investment - I have invested another ₹20,000/- in Coal India today for purchase and forget purposes.

Rohit Katwal