Short April Call & Put 2010

One can short CE 5400 April Call @ 24-30 ...... 6 lots

SL Nifty spot 5400 on a closing basis .

Willing to take Risk .... Short PE 5200 @ 54-65 .... 2 lots

SL Nifty spot 5150 on a closing basis .

& Short PE 5100 @ 30-40 .... 6 lots

SL Nifty spot 5100 on a closing basis .

Happy Trading

April Options Strategy

Look out to short 4500 CE ..... 2 LOTS & 4600 CE ....6 LOTS

WHEN NIFTY SPOT TRADES BETWEEN 4360 TO 4500

SL 4460 on NIFTY CLOSING BASIS.


Happy Trading

Review of March 2010 Option calls

On March 14 it was suggested :

Guys you can short MARCH 5000 Put between 22-30........6 LOTS

SL Nifty 5000 Spot Closing Basis

& Willing to take Risk

Short MARCH 5100 Put between 45-60........2 Lots & 1 Lot @ 70-80

SL Nifty 5050 Spot Closing Basis

On MARCH 15 :

MARCH 5000 Put High : 30 Low : 22 (Executed at 27.75)

MARCH 5100 Put High : 45 Low : 58 (Executed at 55.25)

March Options Expiry Profit :

MARCH 5000 Put Executed at 27.75 x 6 = Rs 8322/-

MARCH 5100 Put Executed at 55.25 x 2 = Rs 5524/-

Total March Expiry profit: Rs 13846

So Guys Rs 13846/- profit in March 2010 by trading in the market for a SINGLE DAY & RELAXING THE REST OF THE MONTH


Happy Trading

Options Calls activated

All the calls given on 14.03.2010 has been activated

Calls given on 14.03.2010

Guys you can short MARCH 5000 Put between 22-30........6 lOTS
&
Short MARCH 5100 Put between 45-60........2 Lots & 1 Lot @ 70-80

On 15th March every one had the opportunity to enter at the recommended levels :

MARCH 5000 Put High : 30 Low : 22 (Executed at 27.75)

MARCH 5100 Put High : 45 Low : 58 (Executed at 55.25)



Happy Trading

Nifty Options March 2010 Expiry - Strategy

Was out of station .....

Could not update the blog.........


Guys you can short MARCH 5000 Put between 22-30........6 lOTS

SL Nifty 5000 Spot Closing Basis

& Willing to take Risk

Short MARCH 5100 Put between 45-60........2 Lots & 1 Lot @ 70-80

SL Nifty 5050 Spot Closing Basis


Happy Trading

Stay Away Strategy - Budget Menance

I will be happy to stay away from the market for the time being.

Protecting my capital is more important than making money as market is bound to stay volatile & news driven without factoring any technical views.......so stay away from the market & make money ...... while the others loose money & sleep by investing at this unpredictable time.




Happy Trading

Mid Month Review of Feb Options

On 31st Jan 10 the following positional calls were published :

One can look for fresh short positions in the following

1 LOT FEB PE 4700 @ 70-80

2 LOT FEB PE 4600 @ 45-55 & ANOTHER 2 LOT FEB PE 4600 @ 60-70

If willing to take RISK also look out for :

1 LOT FEB PE 4800 @ 110-125 & 1 LOT FEB PE 4900 @ 180-225

SL : Spot NIFTY CLOSING BELOW 4650

Check out Todays EOD Option premimum rates :

PE 4700 @ 23

PE 4600 @ 11.75

PE 4800 @ 44

FEB PE 4900 @ 81

Calculate ur PROFITS. My critics had be laughing when we were taking short positions in PUT when MOST OF all the strategist,analyst & payed service providers where looking out for 4300-4400 levels......... The more u listen to these STUPID FELLOWS who have never made money but NOW they have turned TIPS PROVIDERS / EXPERTS ...! THE MORE U WILL BE CONFUSED

Now ur fresh STRATEGY :

With the view of the Budget the market can be volatile & unpredictable ..... therefore a swing of 10 % either side may not be ruled out. BRING HOME UR PROFITS

Exit the above mentioned positions slowly as soon as Nifty crosses 4900 (all).

Happy Trading

Nifty Intra day Level for 14 Feb 2010

First Resistance = 4840

First Support =4794

Second Resistance =4860

Second Support =4740

Breakout above = 4924

Break down Below =4724

Happy Trading

Intra Day Nifty Trading System

Intra Day Nifty Trading System:

Analyse the system.

1)If 70 min avg is above 1050 min avg play long, if 70 is below 1050 play short.
See diagram below : if green is above orange then long; if orange is above green then short.
2)try to use pullbacks to the green line the 70 min ema or the black line 210 ema to enter positions. (210 ema will result in smallest stoplosses under most circumstances, just look at the charts in an uptrend 210=great support and in a downtrend 210 = great resistance. 70ema can sometimes get whipsawed.)
3)Do not short if rsi is under 30
4)The SL is 0.6% to be employed as soon as you enter your trade.

Try & test it out on paper or Mini Nifty 1 lot on real time basis.





Happy Trading

Short Term Stock Pick - Spice Jet

One should look to accumulate spic jet from Rs 50/- levels & and at every dip till 38-40/- level

Pls be informed it is one stock where the promoters are accumulating from the open market at every DIP.This is done only when the promoter/mgt are bullish about the future of the stock.

Recently a major stake holder exited but still the price did not fall as all the shares were smartly mopped up by domestic institutions.Majority stake holder - a Dubai bases Investment house sold the stock due to the Dubai Debt Re-Payment crisis.
(Three leading mutual funds — Reliance Mutual, Birla Mutual and DSP BlackRock — and a Foreign Institutional Investor together bought almost the entire 13.05 per cent stake in SpiceJet Ltd, the low-cost air carrier, of Istithmar PJSC, a Dubai-based investment house.)


In my view .... in 6 months time we could easily see the level of 75-85 if we do not see any major trend reversal in the broader market indices.

Be Smart start accumulating now & at every dips & create wealth in long term.

Happy Trading