Tuesday, July 5, 2011

Nifty Weekly Trading

Good Morning Friends.
Yesterday as per post I go short @ 5660,but cut my whole position as Nf is not ready to give any gains to me.

Our weekly SAR is 5627 & yesterady low is 5637.

Now try for a long trade near to 5625-5640 range with sl of Friday Low or 5605.

If Close above yesterday closing than only take position home otherwise cut all Longs orShort @ EOD

4 comments:

  1. Bought 5700 CE @ 65 sl 5605 spot.
    If trade below 5605 or touch 5595 than cut all long positionb other wise hold till Eod.

    If today close near to 5650 or above than only carry position for tomorrow otherwise cut all @ EOD

    ReplyDelete
  2. I exit my position cost to cost
    will review tomorrow

    ReplyDelete
  3. Hi sir iam new to blog,i have one doubt in this hedging stratergy.For example i am sorting two options 5800pe & 5500ce total its coming around 390 .now i want to sort or buy nifty fututre around your levels.okay lets assume i am sorting nffuture below 5650 what will be my sl for that or if i buy 5700 nffuture what will be sl sir.

    ReplyDelete