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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #646 Posted: Mon May 26, 2014 1:20 pm Post subject: |
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mikky wrote: | BOUGHT NIFTY 7500 PE @ 53 |
Booked @60.50 |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #647 Posted: Mon May 26, 2014 3:51 pm Post subject: |
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way to go mikky... i have been keenly observing your nifty updates and must say, you have been pretty accurate...
although it did break 7500 but couldnt sustain as we saw... very nice reading...
looking forward to regular updates...
mikky wrote: | As expected NIFTY went up in the second half of trading. It may go up and try to test 16th May's high and come back. Don't think it will break out above 7500.
BANK NIFTY went up riding on the bull run in PSU banks which went up 8-13%. BANK NIFTY may go up and test 16th high as well.
My Trades:
- Long on NIFTY 7300 CALL @76 (Will book profit on Monday before end of day)
- Long on BANK NIFTY @15280 (Will book profit on Monday before end of day)
- Long on AXIS BANK @1857 (Will book profit on Monday before end of day) |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #648 Posted: Mon May 26, 2014 9:01 pm Post subject: |
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NIFTY traded as expected. As soon as NIFTY touched 7501.45, volatility sets in and big sell-off came. At one point of time NIFTY lost 100 points and then recovered in last 45 mins. This shows market top is set and this rally looks like over. During the trading session big volatility seen.
BANK NIFTY shown wild moves. It is time book profit in all longs and wait till trend is not clear.
In the cash market today, FII’s sold 84 crores stock whereas DII’s sold 208 crores worth of stock. In the derivative market, FII’s bought 334 crore of Index futures and sold 181 crores worth of Index options. In the Stock futures segment, FII’s bought 206 crores worth of stock futures and sold 79 crores of stock options.
Option market, today CALLs lost premium heavily and PUTs added huge premium, but MAY Series PUTs may not add premium going forward till expiry. So PUTs will loose premium as well till expiry.
Market is expected to be very volatile till expiry, better stay away.
My Trades:
EXITED from NIFTY 7300 CALL, Long of BANK NIFTY, AXIS BANK in morning.
During the Day, NIFTY 7500 PUT(unfortunately booked too early ) , SHORTED SBI, BANK NIFTY and AXIS 1960 CE
Still carrying SBI SHORT. |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #649 Posted: Tue May 27, 2014 9:28 am Post subject: |
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Look to SHORT AXIS. ICICI, BOB and SBI
or
SHORT CALL of AXIS, ICICI, BOB and SBI.
Keep tight stop loss |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #650 Posted: Tue May 27, 2014 11:35 am Post subject: |
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mikky wrote: | Look to SHORT AXIS. ICICI, BOB and SBI
or
SHORT CALL of AXIS, ICICI, BOB and SBI.
Keep tight stop loss |
BOOK 50% profit on positions and keep tight stop loss @cost |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #651 Posted: Tue May 27, 2014 11:59 am Post subject: |
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mikky wrote: | mikky wrote: | Look to SHORT AXIS. ICICI, BOB and SBI
or
SHORT CALL of AXIS, ICICI, BOB and SBI.
Keep tight stop loss |
BOOK 50% profit on positions and keep tight stop loss @cost |
CLOSE following SHORT
BOB @894
ICICI @1437
AXIS @1844
SBI @2662 |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #652 Posted: Tue May 27, 2014 12:38 pm Post subject: |
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BANK NIFTY and NIFTY may rebound from here...
Expect 50-80 points upmove on BNF and 20-30 point on NIFTY |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #653 Posted: Tue May 27, 2014 12:50 pm Post subject: |
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mikky wrote: | BANK NIFTY and NIFTY may rebound from here...
Expect 50-80 points upmove on BNF and 20-30 point on NIFTY |
NIFTY up 20 points
BANK NIFTY up 100 points...... |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #654 Posted: Tue May 27, 2014 12:54 pm Post subject: |
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mikky wrote: | mikky wrote: | BANK NIFTY and NIFTY may rebound from here...
Expect 50-80 points upmove on BNF and 20-30 point on NIFTY |
NIFTY up 20 points
BANK NIFTY up 100 points...... |
NIFTY went up 30 points
BANK NIFTY 110 points
hope all have booked profit .... |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #655 Posted: Tue May 27, 2014 1:08 pm Post subject: |
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RISK Taking trader can sell BNF 15300 or 15200 CALL and target half of premium |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #656 Posted: Tue May 27, 2014 2:49 pm Post subject: |
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mikky wrote: | RISK Taking trader can sell BNF 15300 or 15200 CALL and target half of premium |
We are getting 20% return on BANK NIFTY 15200 0r 15300 CALL writing
BOOK PROFIT |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #657 Posted: Tue May 27, 2014 8:46 pm Post subject: |
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NIFTY moves down second day in a row. Market remain choppy through out the day. Seems like market top is formed and if NIFTY moved below 7200, we can see correction till 6700.
BANK NIFTY is trading in range of 14850-15350. Profit booking in banking stocks restricting NIFTY's up move. Any down move below 14850, can pull BANK NIFTY to much lower levels.
Cash Segment:
FII’s: - 202.61 Crores
DII’s: – 95.63 Crores
Derivative Segment:
Index Futures: + 15.56 Crores
Index Options: - 229.83 Crores
Stock Futures: – 1002.13 Crores
Stock Options: – 53.86 Crores
Option Front:
Since expiry is 2 days away, so we can not make any directional call on the basis of call or put.
Though it is little early but currently JUNE series not showing any major downside on NIFTY. In couple of days things become more clear.
NIFTY trend is UP.
My trades:
Booked all the short trade today. Currently not carrying any positions. |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #658 Posted: Wed May 28, 2014 9:43 am Post subject: |
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SHORT BANK NIFTY FUT TGT 15075-15030-14980 SL 15225
Or
BUY BANK NIFTY 15000 PUT @64 SL 20 TGT 100 |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #659 Posted: Wed May 28, 2014 9:56 am Post subject: |
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mikky wrote: | SHORT BANK NIFTY FUT TGT 15075-15030-14980 SL 15225
Or
BUY BANK NIFTY 15000 PUT @64 SL 20 TGT 100 |
BANK NIFTY FUT made low of 15081 |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #660 Posted: Wed May 28, 2014 10:25 am Post subject: |
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mikky wrote: | mikky wrote: | SHORT BANK NIFTY FUT TGT 15075-15030-14980 SL 15225
Or
BUY BANK NIFTY 15000 PUT @64 SL 20 TGT 100 |
BANK NIFTY FUT made low of 15081 |
BANK NIFTY FUT TGT 1 DONE--- low 15060 |
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