Good morning Friends.
Nifty Tries its attempts to reach 5000 last 4 days but cant reach 4950.
Today is the last opportunity to get 5000.If Nf cant touch 5000 mark today in nxt week we can see 4750 levels again.
My open position.
Bought Nf @4855 sold @ 4925 profit 50 points.
Total Gain 259 points up to 3-feb-2010
Bought Nf 5100 CE @ 55
Bought Nf 5000 CE @ 67.5
Both Target Nf spot 5000.
Todays trade
Buy Nf @4880 sl 4860 T-4910,4930
Short Nf @ 4940 sl-4960 T-4920,4900
Short term Stock Recommendation
Buy Dish tv @40 T-65,80
Buy Spice Jet @54 T-80,120
Buy Petronet @74 T-90,120
Buy Uco @60 T-75,90
Buy Shree Ashtha @24 T-35,50 (buy only in deeps)
Hold all these scripts for 3 months
thank musti
ReplyDeleteNf bought @4880
ReplyDeleteOne more scenario in Nf trading
ReplyDelete2562 Theory of Trading I found it recently & just watching over it.
Acording to this theory
Buy Nf @ 4940 sl 4890 T-4964
Short Nf @4862 sl 4910 T-4838
Out of 10- 8 trades hit target less risky more profit.just keep a watch over its trades.
Musti,
ReplyDeleteBought mini at 4880 put 2 sale orders at 4860/4910
Thanks
Hello ganpat good to see u
ReplyDeleteYt about ur options hedging
ReplyDeletemusti,
ReplyDeleteif possible pls explain more on "2562 Theory of Trading"
For options holding two mini lots short at 4825..(options as of now in profit 50 points)Any suggestions??
ReplyDeletemusti,
ReplyDeleteI got the information abt this theory. Thanks for letting me know this term
Ganpat Y U not squre off ur Mini short position yesterday morning?
ReplyDeleteU r breaking rules.
Plz go trough my sunday post read each & every word there.
In ur place I will trade like this
ReplyDeleteSquarring 2 mini @ opening say near to 4850 + -5 points.
Going long @ 4885 with 3 lots mini as market i showing uptrend sqare off 2 lots @ 4945 levels as 4950 major resistence
Now u have 1 lot mini left with sl 4900.
Ur profit 4945-4885=60 points
Ur loss 4825-4855= 30points
Net profit 30 points.
musti,
ReplyDeleteone small doubt do u believe on this ""2562 Theory of Trading""
if yes how many trades did u made profit out of this approach
musti,
ReplyDeletegood call our long is in profit now
Now ganpat my serious suggestion to U
ReplyDeleteHold ur short position uptill 4825 & short 1 more @ 4850 but now in nf not mini because we r trading in Nf options.
Secondly dont break rules U will get hurt.U have to short @ 4850 & long @ 4900 unless a big rise or downfall hapen U will be in serious trouble if U r not properly hedge.
Arun I have not yet trade over 2562 theory I just keep watching it regularly only.
ReplyDeleteThank you Musti..
ReplyDeleteMy current positions are
4700CE one lot short at 251
5000PE one lot short at 206
two Mar-mini lots short at 4825
one Feb-mini lot long at 4880
You still want me to short a reg NF at 4850?
Honestly I find it difficult to implement going long beyond 4900 and short below 4850 ass the mkt is moving up and down
Thanks and regards,
Today is a range bound day a 20-30 game can be played.
ReplyDeleteOut of Nf position @4900,4905,4910 dont greed reenter at lower levels
Modified sl to 4870
ReplyDeleteI will now be ofline Now busy in business
Want to earn some real money
Bye
back near 1--1.30p.m.
ooops
ReplyDeleteNF touched 4906 and took a U turn!!
Hello Ganpat Arun hope U both out from Nf long@ 4905.
ReplyDeleteI exit @ 4905 as I already mention not to greedy today.
thanks musti I exited at 4902
ReplyDeletemusti,
ReplyDeleteDo you expect further fall tomrrow?
do you suggest overnight short or overnight long?
Gm musti
ReplyDelete