iCharts Discussions

[rk_a2003]

89.25 in cash is our stop loss But on closing basis.

[Rahulsharmaat]

put taken at 1.30-- made low 0.60-- now 1.65---

he he

[Rahulsharmaat]

i averaged one more put at 0.70-- so net cost was 1

now booked both at 1.60

gain 1.2-- thats Rs 4800--- thanksssssssssssssssssssssssss

[Rahulsharmaat]

as next week expiry--so cant take risk on this capital of 8000-- made 4800 thats 60% in 2 days--

u rock

[Rahulsharmaat]

run up in Rcom in morning was due to some loan they have got --

now its fused

[rk_a2003]

Choice is yours Rahul!.Glad you booked Profit.

As you said The positive news of getting China Banks Loan approval for meeting huge FCCB expenditure due for maturity this March contributed for the sudden spike in RCOM.

[Rahulsharmaat]

RK boss i am trading in options thats why
if it trades above 85 next 5 days-- and u book --u will be in gain -- buy my puts will be eroded

[Rahulsharmaat]

Rk any view on reliance

[rk_a2003]

Posting Reliance EOD Chart with Fusion Set Up. Reliance announcing it's Q3 result and Buy back offer details on 20th Friday.

Why Buy back announcement on the same day?!.With Gas pricing policy announcement Reliance got a big blow. Management must have thought they can outweigh these issues with buy back....Till this time they are.....Today Single handedly Reliance provided support to the Market.

But Market is smarter than they think....Is this Fusion set up indicating the same?!

[Rahulsharmaat]

RK Sir

i today took Reliance 760 put at 11-- closed at 13--- if 700 comes it will reach 60 almost

hope it rocks

[rk_a2003]

Reliance gave a COG today. In the given Market condition it is difficult to attempt a short trade. I would rather go for puts. If it opens above SL don’t take up the trade. After taking the trade The SL is in Cash on closing basis. The expiry is near so who are ready to lose entire money may attempt puts in Reliance on Friday.

[rk_a2003]

HDFC qualified for Fusion. Waiting for Change of Guard. In case it happens a COG on Friday one can opt for buying puts.

Considered real body ignoring wicks for drawing -WW.

No COG No Trade.

ETA: Feb 1st week
EPA:674/-

[rk_a2003]

HDFC Short not yet reached the target but in profits.Hesitating to meet the target as the market is really bullish for short term.

Now posting another short Fusion trade in IFCI.

[rk_a2003]

IFCI Sl hit. This is the first Genuine loss in this strategy. HDFC short still on. Advised to exit and book profit in it if nifty trade above 5400 continuously for an hour tomorrow.

[Rahulsharmaat]

there is no recent update here ???