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As already posted earlier ( 1st Sep 09) I had stated that I will be liquidating my short potion on CE 5000 & 4900 & short position will be initiated on PE 4300 & 4200.


Had short sold CE 5000 @ 60 & CE 4900 @ 85 Also advised to Short sell CE 4800 @ 120+
( Posted on 25 Aug 09)

Result :

One had ample opportunity to square off CE 5000 @ 20-30 & CE 4900 @ 30- 40 CE 4800 @ 60-70

Profit u could have earned if u had traded like me :

In CE 5000 => 1 LOT 50 X 40 = Rs 2000/-
In CE 4900 => 1 LOT 50 X 40 = Rs 2000/-
In CE 4800 => 1 LOT 50 X 60 = Rs 3000/-

I had in fact short sold PE 4300 @ 50 & 4400 @ 70 (Strategy Posted on 1 Sep09)

Now PE 4300 @ 23 & PE 4400 @ 38................... (Both position as of now are giving me Rs 3000 per 1 lot)

In the coming week as & when the market crosses 4700 will square off PE 4300 & PE 4400 @ 10-15 & 20-30 respectively & will be in look out for fresh short positions in CE 4900/5000/5100 ( But will be CAUTIOUS NOW before taking short position) .

Every one who had been following my blog had ample opportunity to execute nearly all my calls at the recommended rates I personally intended to trade.