Good Morning Friends,as today F&O expiry we may watch some volatility in Nf.
But I am intact that Expiry should be in 5260-5270 levels. Lets see yt hapens, how much I go correct.
Trades for Today.
Buy Nf @ 5220 sl-5195 T-5240,5250,5260
Short Nf @ 5260 sl-5275 T-5240,5220,5200
My open position Long 2 lot Nf @ 5220.
Long 1 lot 5200ce @ 43
Dear Musti Sir,
ReplyDeleteThanks for todays update.
Regards
Suraj
Hello suraj,
ReplyDeleteI hope u got ur levels Yesterday & cut your position in some profit.
If U want to take some Nf positional trade than go short on Nf may @ 5260 + - 10 points. with a sl of 5330.
I never put sl for positional trade but I average them near to sl.
Dear Musti Sir,
ReplyDeleteYes Thanks Sir, I cut my shorts @ 5230 yesterday.I got stamina to hold shorts after your guidance. You are absolutely right no fun in getting sl hit in positinal shorts or longs. Today i will follow your guidelines.
Regards
Suraj
Most Welcome Suraj
ReplyDeleteSo nice Sir.
ReplyDeleteDear Musti Sir,
ReplyDeleteIs it possible that nf which is trading at pe of 23 is at the peak this time and pe of 28 may not be acheived rather we may bottom out at pe of 12 in a couple of years before new bull run starts.
Regards
Suraj
Suraj U might be right but many things depends on global scenerio also.
ReplyDeleteCertain times Pe ratio doesnot give so much impact than global prospects.
Thanks. Will nf give opportunity to enter @5220 or 5260.
ReplyDeleteRegards
Suraj
I am only waiting for 5260 level to short for May series.
ReplyDeleteIf 5220 gets I will go long 1 more lot as I already holding 2 lots.
Book out my 1 lot Nf long @ 5248.5 gain 28 points.
ReplyDeleteHolding second lot for T-5270 with SAR @ 5220.
Holding 1 lot 5200 ce with sl-30
Thanks for update. Today it seems mkt will not give the chance to enter at your given levels . O.k let's see.
ReplyDelete