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.
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.
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