Bearish Again on Nifty for 30sep 2014

Bearish Again on Nifty for 30sep 2014
nifty could not sustain the upmove
So got out of 7900 call @182.65,this was purchased at Rs 206.
 And bought Nifty PE 8100@173.
Stop loss : 8019 in nifty Spot
Happy Investing

Bullish on Nifty for week Starting 29th September 2014

Bullish on Nifty for week Starting 29th September 2014
Bought 7900 call when Nifty was trading at 7985.
The call was bought @ Rs 206.10
I am holding this call for weekend.
Stop loss is variable and as an today it is 7936 Nifty.
lets See
Happy Investing

Nifty Trading Analysis 18 September 2014

Nifty Trading Analysis 18 September 2014
Today was the day which comes very less,
I was dead wrong on Nifty Direction and was holding puts in the hope that Nifty will correct more.
Sudden upmove Today morning triggered stop losses in Puts.
Got long when Nifty was at 8030 by Buying Nifty 7900@ 149.65
Added more when calls were trading at Rs 165.
Got a big upmove and I tightened stop losses.
Average price of purchase was @ Rs 156.something .
Got out at 221.35
Caught 65 points  of upmove which gave good rewards.
Bought Nifty October 8100 Call@Rs175.50 during closing .

So bullish on Nifty with caution.

Bullish on Nifty on 18th Sep 2014

Bullish on Nifty  on 18th Sep 2014
had to be bullish
nifty conquered 8000 in one big swoosh.
Stopped out of shorts
Bought 7900 call @Rs 149.65
So bullish for now
lets see
Happy Investing

Initiated new shorts in Nifty 16 Sep 2014

Initiated new shorts in Nifty 16 Sep 2014
Nifty has fallen a lot.
Still the only course available  is to short the Nifty.
Seeing the risk of selling oversold Nifty,8000 Put was bought at Rs 80.60.
The position will be held overnight.
keeping a trailing stop loss though.
Ultimate stop loss is Rs 40. in this Put
Lets see
Happy Trading

Nifty View and Strategy for today 16 September 2014

Nifty View and Strategy for today 16 September 2014
Yesterday Nifty Closed at  8042.
Nifty is now at very crucial juncture.
Stop loss of many Bulls was 8050,which Nifty breached easily.
Now it may trap the bears also.
Still trend is downside.
Bank Nifty is showing lot of strength.
Yesterday purchased one lot of Nifty  PE 8100 in the morning and then  purchased one more lot in the afternoon.Net position is now two lots of Nifty PE 8100 @Rs 81.07.
The put closed at Rs. 87.00 yesterday.
Undoubtedly I am  in Bears camp but stop loss of bearishness is  continued trading above 8072 levels.
First target for bears is 7995 which looks possible today.
SGX Nifty is trading at 8032-8036 (down 20 points) in the morning at time of writing this post.

Nifty has frustrated me quite in this month,lets see now how the trades pan out
Happy Investing

Report: Stopped out of the trades at 116.10
Net profit 35 Rs per lot
Also shorted one lot of bank Nifty today and covered 100 points below 

Shorted Nifty on Opening on 15th September 2014

Shorted Nifty on Opening on 15th September 2014
To short,one Nifty Put strike 8100 was bought at price of Rs 76.80  when Nifty was trading in range of 8062.
Its a low risk high payoff trade as stop loss is in range of 8130-40.
lets see
Happy investing

Creaated new Shorts in Nifty

Creaated new Shorts in Nifty
Bought 8200 put @ Rs 155.30
looks like Nifty is going to touch 7890
And Bought bank Nifty 16000 put @ Rs262.80
Stop loss in Nifty is continued trading above 8085
and in Bank Nifty  is continued trading above 16028
lets see
Update: Again Loss of Rs 1550

Exited Longs on 5 sep 2014

Exited Longs on 5 sep 2014
Actually not exited but stopped out
Nifty 7900 cal purchased at Rs. 273 was stopped out at Rs 226.80
Bank Nifty 16000 Cal purchased at Rs 341.55 was stopped out at Rs.  302.50
So effectively out of market

Carrying long positions overnight for 5th September 2014

Carrying long positions overnight for 5th September 2014 .
decided to carry long positions forward.
Today I booked Rs 2425 loss in Bank Nifty futures.
But long call nifty was in profit at todays closing.
Bought this call (Nifty CE 7900) at Rs. 237. Last trade for this call was at Rs 261.
Also Bought call Bank Nifty 16000 CE,which was bought at Rs 341.55 and was trading at Rs 357.45 during closing.
Both the calls are held overnight and till the Nifty and bank nifty are in uptrend
lets see
Happy investing

Got long in bank Nifty Call

Got long in bank Nifty Call
Since future trade today  did not pan out good and i needed to hold longs in Bank Nifty.So i bought 16000 call at Rs 341.00.
Was chasing this call since 310 but  market suddenly zoomed when i put the buy order.
So holding this overnight. 

Bought Nifty Call 7900 on 04 Sep 2014

Bought Nifty Call 7900 on 04 Sep 2014
Bought Nifty 7900 Strike call at price of Rs 237.
And put a stop loss immediately
This is level for reversal of markets or the decline will be very big.
If this call do not get stopped out,I intend to keep it for tomorrow.
lets see
Happy Investing 

Bought Bank Nifty Future on 04 Sep 2014

Bought Bank Nifty Future on 04 Sep 2014
Bought Bank Nifty Future at Rs 16110.
Bought This contract very hesitatingly as the markets have shot up recently and I was expecting a correction.
However my rules suggested a buy.
So bought but keeping fingers crossed.
lets see 

Update: Stopped out at  16025

Trade Summary 3 Sep 2014 in Nifty and Bank Nifty

Trade Summary 3 Sep 2014 in Nifty and Bank Nifty
Shorted both
Bought Nifty put at Rs 140(8200 Put) and was stopped out of it at Rs 112.So net loss is Rs 1400+Brokerage i.e. nearly 1500.
Bought Bank nifty 16000 put Twice
once bought at Rs 200 and was stopped at Rs 210.
Then Bought at Rs 204 and was stopped out at Rs 208.
Net profit in Bank Nifty is Rs150 (After Considering Brokerages too)
So net loss of Rs 1350. on 3 trades.
Lets see what happen tommorow

Bought Out again bank Nifty 16000 Put

Bought Out again bank Nifty 16000 Put
This time bought Bank Nifty 16200 put at Rs 204.
nifty put is showing loss of Rs 1000.
Lets see

Stopped out of Bank nifty Put

Stopped out of Bank nifty Put
The Bank Nifty Put 16000 position was stopped out at 210.
Look like my stop was exactly at same point which was Bank Nifty high for the up move
Net Profit Rs 150.
Bought at 200 and sold at 210.

Shorted Nifty on 03 September 2014

Shorted Nifty on 03 September 2014
Since Bank Nifty Short is working out,Bought put of  Nifty of Strike 8200 @ Rs 140.
if Bank Nifty Corrects further (Below 16050) Nifty will correct too .
Again a risky trade but risk is manageable
level to watch in nifty is continued trading above 8115.
lets see
Happy Investing
Update at 1.10  PM Upped the stop loss as Nifty looks volatile and not cracking 
Update at  got out at 112.

Bought Bank Nifty Put on 3 September 2014

Bought Bank Nifty Put on 3 September 2014
Cant resist to short
So Bought Bank Nifty 16000 put at price of 200.
Like yesterday will use a stop loss.
The rally is going overstretched so again taking small risk
Will Check if Bank Nifty consistently trade above opening of 16208
lets see
Happy investing

Stopped out of Shorts in Nifty and Bank Nifty

Stopped out of Shorts in Nifty and Bank Nifty
Both the puts were stopped out
Nifty 8200 Put Bought at Rs 161.60 and stopped out at Rs. 142.20
Bank Nifty 1600 put bought at Rs. 261.85 and exited at Rs 234.
Since trading was light so total loss at Rs.1866
Lesson learnt again:never short new highs and do not time to predict market in advance. 

Bearish on Nifty.Bought 8200 Put on 2nd September 2014

Bearish on Nifty.Bought 8200 Put on 2nd September 2014
Bought one lot of Nifty  8200 put at Rs 161.60
Again Shorting new highs,but there is some hesitation in Bank Nifty.
So got bearish with one lot with stop loss.
lets see how the trade pans out
Happy Investing

Bought Bank Nifty PUT on 02 September 2014

Bought Bank Nifty PUT on 02 September 2014
Yeah I felt Banks are in for small correction.
So broke my rules  and bought Bank Nifty 16000 Put at 261.85
Since I am buying in backdrop of new high,So i am trading with small stoploss.
let see
Happy Investing

Got Out of long Trades in Nifty and IDFC Calls on 01 Sep 2014

Got Out of long Trades in Nifty and IDFC Calls on 01 Sep 2014
Made hay while sun was shinning.
Got out of 7900 Call which was purchased on Friday.
Also got out of IDFC  call having strike price of 145.
Got out of call at 216  and IDFC at 5.75
Call was purchase at Rs 162.45.
So got nearly 2700-2750 Rs after brokerages.
IDFC call was bought at Rs 3.90.So got nearly 3300-3400 Rs in That after brokerages.
My monthly profit target is 5 percent which was achieved today itself.
Will check the market tommorow again for any new trade.
 

Created Fresh longs in Stock Options IDFC 01 Sep 2014

Created Fresh longs in Stock Options IDFC 01 Sep 2014
Bought IDFC 145 September call at Rs 3.90 .
IDFC was seen taking Support in Rs 140-143 region.
Any up move can easily top 155-160 in case of rally.
So bought one lot of call
lets see 
Happy trading

Trading Plan for 28 August 2014

Trading Plan for 28 August 2014
Going to buy Nifty 7900 Call September expiry.
Yesterday it closed at Rs 155.
Looking to enter near 150.
And Stop loss of continued trading below 7915.
And aim to hold for the extended holidays.
let see
Update:Have to buy at much higher price of Rs 162.45 @ Nifty 7955 

Bought Voltas at Rs 241.00 on 27 Aug 2014

Bought Voltas at Rs 241.00 on 27 Aug 2014
Bought 300 Voltas at average price of Rs 240.97.
At placed appropriate stop loss for the downside.
It is near  52 week high of Rs 245
So lets try if it breaks it today itself
Happy investing
PS: Exited at loss at 238.90

No trades planned For Today 27 Aug 2014

No trades planned For Today 27 Aug 2014.
After Gap up opening I am reluctant to trade today.
Both Nifty and Bank Nifty have gapped considerably.
And Straddle is  just a thought now.
Cant muster confidence to enter into as of now.
So sitting idle and watching indices.

Buy Sep 2014 7900 Call and Put

Buy Sep 2014  7900 Call and Put
One more trade Idea  for me
Sep 7900 call and put are trading at total cost of Rs. 226 (Call at Rs. 135 and put at Rs 91.30)
idea is to buy both
Technically it is called Straddle
Breakout will be above  8126  and below 7674 if held till expiry.
But I will hold this straddle with stop loss of Rs 190.
Means maximum loss of Rs 36 .
Nifty for last 12 months have given atleast 300 points between high and low.
Now markets are tentatively poised.
Vix is at  13.90.
it tops after 33 and bottoms below 13.
So I expect volatility to increase in coming month
Either a rally or sharp correction is expected.
Idea is to buy straddle only during closing of August 27th or first half of August 28th.
lets see how the trade pan out
Happy Investing

Bhushan Steel buy Or Sell ?

Bhushan Steel buy Or Sell ?
Bhuhan Steel is locked in lower circuit?
Is it time to take contariarn view and buy as its oversold?
No,certainly not.
Let the stock come out of lower circuit first.
High risk high return buy will be immediatly after stock comes out of lower circuit.
A safe buy will be 10-20% above the lows.
First let it come out vfrom lower circuit.
Till then keep a dsitance.

Bank nifty Trading Levels for 27 Aug 2014

Bank nifty Trading Levels for 27 Aug 2014
My plan for trading tomorrow
Bank Nifty last close: 15624
Buy above 15677
Stop Loss 15634

And sell below 15495
Stop loss 15555

Bank Nifty trade 26 Aug 2014

Bank Nifty trade 26 Aug 2014
Bought Bank Nifty  future at 15538.75
Hping to see some shortcovering at end
lets see
PS:Squared off at 16638
So got 100 pointson bank nifty .

Bought Nifty CE 7800

Bought  Nifty CE 7800
Just purchased at price of Rs 91.50
stop loss  Rs 81.50
Lets see

PS:Squared off at 78
 

Nifty for August 26 2014

Nifty for August 26 2014
Market has opened a bit down.
Still near 7900.
Nifty is in no trade zone right now.

One  high risk Buy is at 7900
can buy a call with stop loss
PS:Bough 7800 call at Rs 101.25 
Got out at Rs 107.60 

squared put near closing

squared put near closing
Squared 8000 PE at 90.25
Since I am not very bearish and its expiry week now.
Squared the put neary Nifty 7900 inspite of my belief that nifty will break 7880.
not a good idea to carry short even if the situation seem favourable.
In nut shell today earned only Rs. 277.5 in one lot.
not bad when I was dead wrong in the morning.
Atleast i managed to close day in green.
Happy Investing

Bought 8000 Put Nifty

Bought 8000 Put Nifty
Yesp, I bought it again at Nifty level of 7945 for price of Rs 63.80
Again stop loss near Rs. 50
Lets see
Happy investing

Got Stopped Out from 8000 Nifty PUT

Got Stopped Out from 8000 Nifty  PUT
I bought it today at Rs 71.40.
Since Nifty was at new highs and only 3 days left to expiry,i put a tight stop loss of Rs 54.50.
market trigerred my stop loss and reversed.
So lesson again learnt.
Do not anticipate the market.
Now wont buy anythings if nifty shows strength.

Shorted Nifty at 7944 on 25 Aug 2014

Shorted Nifty at 7944 on 25 Aug 2014
Just could not resist the short
Bought 8000 PE at Rs 71.40
Stop loss is 15-20 point below in absolute value of Put.
Target: Do not know yet.Maybe below 7880 in Nifty.

Strategy for Nifty Week Starting 25 Aug 2014

 Strategy for Nifty Week Starting 25 Aug 2014
On Monday only  my strategy will be
if Nifty opens weak
then wait for dip below 7850 before  going long if I felt like.
If Nifty open Strong
To buy 8000 Put if Nifty starts trading above 7950 levels.
Currently its trading at Rs.82.70.
Hope to buy it near Rs 60.
Thne put a stop loss of Rs 10-15. and wait.
Looks like a low risk strategy.
lets see !
Happy Investing

Update on 28 Aug 09: 20
Slight change in tactics.Now short is only if nifty crosses 7950 and falls back to 7915.otherwise I am going to stand aside.No longs today.

May short nifty above 7950 but risk is high.But even then the trade is not ruled out. 

Got out of Nifty call for Weekend and Trades analysis for August

Got out of Nifty call for Weekend
Squared off the Nifty 7800  call at Rs 132.50
Its last trade  for friday was Rs 141.
It was bought at price of Rs 124.
Got Rs 150+ but still the trade was disappointing.
I was looking for breakout ,which did not happen.
Closed the call to get good nights sleep in weekend without bothering for Nifty.
Will take a hard look on Monday for the expiry week.
Trades analysis for August 
Still  over achieved monthly target .
Got 20.27 per cent in this month so far against target of 5 percent.
If I could do so on consistent basis,I am on way to my dream of becoming greatest trader of all time.
Happy investing and happy weekend. 
Trades in This Month

Instrument  Buy Date  Sell Date  Bought at  Sold at  ce 7500 01-08-2014 04-08-2014 190.5 259 ce 7500 05-08-2014 05-08-2014 209 282.3 ce 7500 06-08-2014 07-08-2014 231.05 238.7 CE 7600 07-08-2014 07-08-2014 146 164.4 ce 7500 09-08-2014 11-08-2014 149.95 170.55 elecon 200 09-08-2014 11-08-2014 50.3 50.5 windsor 200 09-08-2014 11-08-2014 29 28.4 ce 7600 12-08-2014 12-08-2014 128.5 146.2 pe7800 13-08-2014 13-08-2014 95.85 109 ce 7600 13-08-2014 13-08-2014 156.95 144.95 ce 7600 13-08-2014 14-08-2014 166.25 206.35 ce 7600 18-08-2014 18-08-2014 197.05 226.25 PE 7900 18-08-2014 18-08-2014 98 82 PE 8000 19-08-2014 19-08-2014 121 101.1 ce 7800 19-08-2014 19-08-2014 128.7 123.9 BANKNIFTY FUT 21-08-2014 21-08-2014 15488 15635 ce 7800 21-08-2014 22-08-2014 124.45 132.5
Lessons learnt in this month 1. never Short new highs 2. Do not overtrade

New longs created at Nifty 7895

New longs created  at Nifty 7895
Bought 7800CE @ 124
Market is again showing strength
Stop loss : Continued trading below 7875
Lets see
PS:At market closing still holding the call
last traded at   Rs.177.75
Stop loss is sustained trading of Nifty below 7880

Squared of The Nifty Call

Squared of The Nifty Call
Got stopped out of nifty cal at Rs. 123.90 which was purchased at price of Rs 128.90.
Saving grace was todays buy of bank Nifty futures  which gave 147 points
So now out of market effectively in F&O
In terms of nifty nearest Support and stop for longs is 7875.
If markets correct then will take look below 7850.

Nifty Tips for 21 Aug 2014

Nifty Tips for 21 Aug 2014
Nifty broke both high and low of yesterday. It is a disappointing sign.Still Nifty is in bullish zone.

Immediate stop for bulls is consistent trade below 7860 . Major Stop is continued trade below 7830.
On the upper side there are no boundaries.
Now all depends on tomorrow.In case of big dip of 25-30 points and contiued trade below opening,staying out of longs looks better strategy.
In case Nifty trades upwards,I will enjoy the ride.

My call of 7900 CE is down 20 bucks.Still i will trade according to Nifty levels.no hard stops on call value,stops are for nifty level of 7860(Continued trading).
Happy investing

My latest Stock portfolio 19 Aug 2014

My latest Stock portfolio 19 Aug 2014
Most of the stocks were purchased  during Nov 2013 to jan 2014.
In winning stocks more were added during the rally.
last addition was done in Mid July 2014
Sun pharma Shares are bonus shares received in July-Aug 2013.Original Investment has been sold off.

Stock	Latest Price	Inv. Price
ABB	985.4	832.4
APM Industries	29.0	29.6
Balkrishna Ind	737.0	458.9
Balrampur Chini	70.2	79.5
BANK BEES	1563.5	1136.0
Bata India	1247.6	1039.1
Bharat Forge	764.9	303.4
Ceat	550.4	407.2
Century Enka	168.6	147.4
CESC	698.6	418.3
Cummins	684.7	661.7
Dabur India	225.8	189.0
Escorts	114.4	117.1
Finolex Ind	293.4	201.2
Firstsource Sol	38.1	24.7
GM Breweries	103.5	111.4
Gyscoal Alloys	47.9	36.2
Hero Motocorp	2542.7	2581.0
HSIL	290.5	264.2
JUNIOR BEES	167.8	140.7
KRBL	85.5	48.7
LT Foods	123.1	88.2
MPS	477.0	224.3
National Perox	571.0	609.0
NIFTYBEES	797.7	631.6
Page Industries	7664.5	5288.7
Sun Pharma	809.8	0.0
Thermax	866.6	781.2
Thomas Cook	138.7	94.7
Trident	21.1	22.7
VIP Industries	101.5	74.5

Mildly Bullish on Nifty for 20 Aug 2014

Mildly Bullish on Nifty for 20 Aug 2014
Starting trading diary again
Bought 7800 CE: One Lot @ Rs 128.70 When Nifty was trading at 7898 .
Stop loss for First half of 20th  Aug is in Range of 7850.
If Nifty Trades below this level for some time,I Will be out of Nifty Call.
Now you can either build long or stand aside.level for shorting is below 7750.
I will try to never Short bull markets at new highs.
lets see
PS:MACD in Daily is showing bearish Divergence .So bought one lot only.

Shorted nifty at opening on 10th April 2014

Shorted nifty at opening on 10th April 2014
Today i shorted nifty near 6805-6815 Range by buying puts Twice
Its a dangerous game to short a bull market
Will be happy with Small profit .
Stop loss is kept very tight to ensure losses are small
initial target is 6770 in Nifty 

Bought Nifty Call at 6722 on 09 April 2014

Bought Nifty Call at 6722  on 09 April 2014
Nifty did not open with very large gap up
So bought nifty calls  with Target of 6775  in Spot nifty Today.
Stop Loss: Continued Trading below 6690 for some time
PS:Got out at 6765 Today at 02:40 PM 

Nifty Sensex For 9th April 2014

Nifty Sensex For 9th April  2014
Nifty is currently in Range of 6400-6800
Our buy point was below 6650 in Nifty
Which Never reached and we were unable to Buy
On 9th April Nifty is expected to open Strong.
We will not Buy but short is possible near 6800
For Sensex buy point is below 22000 and Shorting  point is above 22600
Keep a tight Stop loss  if you are shorting as its very dangerous to short a Bull Market
We will wait for a dip to buy this Market

My Current portfolio as on 04 April 2014

My Current  portfolio as on 04 April 2014

Stock	Latest Price	Quantity	Inv. Price
ABB	833.85	7	832.38
Balkrishna Ind	497.15	17	306.97
BANK BEES (5)	1,257.27	58	1076.2
Bata India	1,097.60	5	1039.05
Bharat Forge	425.4	17	303.35
Ceat	393.7	20	296.4
CESC	511.45	20	389.28
Dabur India	179.95	27	188.96
Finolex Ind	199.75	35	151.37
Firstsource Sol	28.35	210	24.65
JUNIOR BEES	135.34	160	122.15
KRBL	52.45	160	32.64
LT Foods	114.4	60	88.15
MPS	366.9	23	224.25
NIFTYBEES	671.02	31	631.6
Page Industries	5,938.65	1	5288.7
Sun Pharma	571.8	19	0
Thermax	742.2	8	781.17
VIP Industries	103.1	100	74.46

Analysis of Bank Nifty 26th February 2014

Analysis of Bank Nifty  26th February 2014
Bank nifty index Buy or Sell ?
Bank Nifty last close : 10666.75
Now Bank Nifty is in no trading zone
It has bounced back from Sub 10000 levels
Buy is possible only when it crosses conclusively and stays above 10920.
Any Close below 10550 will trigger a short with stop loss of 10920.
Close above 10920 will trigger a long with stop loss at 10550.
Major Resistance is at 12000 level while major support is available at 9900.