iCharts Discussions

[mikky]

SELL NIFTY FUT MARCH @6638 TGT 6600-6580 SL 6655

[mikky]

NTPC STOP LOSS HIT --- EXIT

[mikky]

BANK NIFTY APRIL FUT STOP LOSS HIT - EXIT

[mikky]

TITAN APRIL FUT STOP LOSS HIT ---- EXIT

it made a low of 248.65

[mikky]

NIFTY FUT MAR STOP LOSS HIT ---- EXIT

[mikky]

SHORT SBI APRIL FUT @1847 TGT 1800-1785 SL 1870

[mikky]

UPDATE ON OPTIONS

****************************************************************
SELL BANK NIFTY APRIL 13000 CALL (259) and 11200 PUT (35)
PROFIT/LOSS = 206-296(-2200)
****************************************************************
SELL NIFTY MARCH 6500 CALL(133.50) AND 6500 PUT(0)
PROFIT/LOSS = 110-133.5(-1175) - CLOSED
****************************************************************
BUY NIFTY APRIL 6300 PUT AVG PRICE 32.50 (39.50 + 25.50)
PROFIT/LOSS = 32.5-20.90(-580)
****************************************************************
BUY NIFTY MARCH 6600 PUT @9 (Double or Nothing, end up in nothing)
PROFIT/LOSS = (-450) - CLOSSED

[mikky]

NIFTY made new high once again. Now we should make habit of seeing new high more frequently. Market roll over is strong. Now going forward in APRIL market is expected to be volatile. Strategy should be to take small profits time to time till May.

BANK NIFTY gave big move on upside and fall from resistance level of 12750 and closed at 12606.

APRIL series will start from tomorrow. 1st April is fool's day and market always fool short term trader in this month. All months have some specific trend most of the years, but APRIL always change path.

March gives average return of 3.5% and this series it gave 5%.

Lets see how this APRIL series pans out.

NIFTY trend is UP

[mikky]

SHORT SBI APRIL FUT --- STOP LOSS HIT EXIT

[mikky]

SELL L&T 1300 CE @42 TGT 35-28-22 SL 50

[mikky]

SELL BANK NIFTY @12820 TGT 12750-12680-12600 SL 12900

[mikky]

BANK NIFTY FUT TGT1 Done ---- made low of @12740

[mikky]

SELL ICICI 1300 CE @32.85 TGT 25-21-15 SL 38

[mikky]

BANK NIFTY FUT move trailing STOP LOSS to 12810

[mikky]

BANK NIFTY made low of 12725.... BOOK SOME PROFIT @12765 With Trailing STOP LOSS 12810