Friends This Week SAR is 5551.
I post on Friday if close above 5550 than cut your all shorts.
Now Nf may give some small bounces & reaches 5620-5650 Level.
The whole weekly & monthly trend is down so I am in the view of sell in rallies,but we stick to our rules of trading,no mixups with it.
For today Long above 5580 with sl 30 points.
Short below 5500 spot with 30 point sl.
Take position home only if close above or below our levels of long & short.
I repeat all levels mention here are Spot nf
I post on Friday if close above 5550 than cut your all shorts.
Now Nf may give some small bounces & reaches 5620-5650 Level.
The whole weekly & monthly trend is down so I am in the view of sell in rallies,but we stick to our rules of trading,no mixups with it.
For today Long above 5580 with sl 30 points.
Short below 5500 spot with 30 point sl.
Take position home only if close above or below our levels of long & short.
I repeat all levels mention here are Spot nf
hello sir,
ReplyDeletei have been following ur option hedge stratergy which is quite good... the only problem that i m facing is whipsaws in nifty i m unable to decide about the stoploss that should be kept.. eg: if i keep the stoploss 1-3 points away from nifty position lets say 5550 short and sl=5553 then it get hit several times and also i end up paying alot brokerage... if sl is kept say 20-25 points away 2 or 3 hits may seriously effect our profit 200 points so plz guide how do u manage ur positions and how to tackle whipsaws in nifty and stoplosses effeciently..
regards,
nadeem
Have sent a check mail again. If you dont get could u pls mail me ur mail id at thanveerk@gmail.com
ReplyDeleteHad sold 5400 call and 5700 put at 5580 (385). Is there any stop loss for this position? Also when to book?
ReplyDelete