Thursday, August 28, 2014

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 

Wednesday, August 27, 2014

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.

Tuesday, August 26, 2014

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 

Monday, August 25, 2014

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.

Saturday, August 23, 2014

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. 

Friday, August 22, 2014

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





Thursday, August 21, 2014

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.

Wednesday, August 20, 2014

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

Tuesday, August 19, 2014

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.

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