Saturday, September 29, 2012

Got long Positions in Nifty Options for OCT 1 2012

Got long Positions in Nifty Options  for OCT 1 2012
Doing Trading in Nifty options is tricky business
Still got two long call 5500 options of Nifty on 27 September 2012 in closing moments
Yesterday got out out of them in profit
Did some failed trades
In the dying moments of market trading near 3.25 bought them back.
Total profit for Day Rs 172 (Down from 2500 if those position were held without touching  )

So now long With  Nifty 5500 Call with 2 lots @246
Profit Target : Not defined
Stop Loss: Trading for some time below 5672
This Stop loss will get updated every day
 Net position mark to market loss: Rs 100 as call closed at 244

Happy Investing


Wednesday, September 26, 2012

Trade Details For 26 Sep 2012

Trade Details For  26 Sep 2012
Tomorrow is  expiry day
So all trades today were done with strict caution
There was just one rule
No short on nifty
As i am bullish on Market right now
Trade Diary


At 1126 Looked like Market is going to touch 5700 bought 2 lots 5500 Call @ 172
But the upmove failed brought another 2 lots 5500 Call @ 165 on the dip at 12.54
Market took a sudden dip Triggered out of bullish positions a 01:29 pm at 155 Market broke lows and sustained bought six lots at 145.95 at 13.33
Put stop loss when it touched 170 Stopped out at 168.50
Total Profit for day nearly Rs 3175
Not bad when initial position was wrong
 happy investing

Monday, September 17, 2012

Nifty Outlook predictions For Week Starting 17 Sep 2012

Nifty Outlook predictions For Week Starting 17 Sep 2012
 Nifty has run up a lot in past week
Still shorting is not possible
For intraday trading Buy on dips
Nifty is bullish as long it stays above 5444,Which is nearly 100 Points below.And the market is expected to open higher today

Nearest Support 5492
Happy Investing

Wednesday, September 12, 2012

Nifty Sensex Tips and predictions for 12 Sep 2012

Nifty Sensex Tips and predictions for 12 Sep 2012
Nifty and Sensex medium term Trend :UP
Buy on Dips or Stay in Longs
Stop Loss  in Nifty : 5335
Stop loss in Sensex: 17654
Happy Investing

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