Tuesday, April 13, 2010

Nifty Trade for 13-4-10

Trade for today
Buy Nf @ 5315 sl-5300 T-5330,5345
Short Nf @ 5345 Sl-5360 T-5320,5300,5290
My open Position
I am short 2 lot Nifty try to book profit near 5300.

Calculation of profit on Option heding Strategy
Short 5100Ce @ 230-264(closing price)=-34
Short 5400Pe @ 175-110 (closing Price)=65
Nifty long From 5300-5344 (closing Price)=44
Total Profit- -34+65+44=75 points
target 200 points till 15 april.

3 comments:

  1. Hello Pcsmitra
    Nf is at your buying level dont panic hold ur position.
    Only place sl if u want safe trade but I am not placed any sl if it goes more down I will average

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