iCharts Discussions

[t00051]

Strategies - A paper trading is better way to master Stock market knowledge. Everyone should do paper trading before enter the market.
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Market Outlook
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Unless Nifty cuts and stays below 10570, Nifty has fare chance to touch 11500 in just 8 days. on 17 July. AEOM

Shorterm
(Call # 1/15) July month
There is a short sell opportunity created at closing time. Expecting a small retracement tomorrow and day after tomorrow, to touch 10570. If Cuts and closes below 10570, everybody will become panic again.



Trend Strategy Calls - Based on indicators
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No Calls

Trend Lock Strategy Calls - This is totally like Lottery, no strategy involved
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No Calls

Trend Reversal Strategy Calls - Based on market observation
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July 10600 PE Buy @ 283
July 10200 PE Sell @ 143
July 10000 PE Sell @ 100
(Stoploss 3000 Rs. Position will become long, once Nifty goes below 9650). To earn 15000 Rs, we need to wait for 25 days and Nifty must expire @ 10350 . But the 3000 Rs loss will be immediate, if market goes up by 200 points. If you are a weak heartened for stop loss but a lion in observing the loss for holding positions, then trade this. This position is already in 3000 Rs loss.

or

Short Nifty @ or > 10760 pts. Stoploss 10960 pts (15000 Rs stoploss) Target 10560 pts. 15000 Rs profit can come in 5 hours from tomorrow market open. Likewise 15000 Rs loss can also come in 5 hours. If you are a lion trade this.

[t00051]

Strategies - artist A paper trading is better way to master Stock market knowledge. Everyone should do paper trading before enter the market.
-----------------------------------
Market Outlook
-----------------------------------
Unless Nifty cuts and stays below 10650, Nifty has fare chance to touch 11500 in just 7 days. on 17 July.

Shorterm
(Call # 2/15) July month
Nifty is back to the buying trend , and unless it trades below 10670, its a buy. So call #2 is a buy 11300 CE @ 45 Rs. I know it is going to expire worthless.. But what can you do for a stoploss of 3500 Rs? You will get 1000 Rs when market moves to 10850 by next week. And it will become 3000 Rs profit when market hits 11000 (+300 points) by next week.

I told you all, I anlaysed it, you can get only 1000 Rs profit for 100 points movement when you take 3500 Rs stop loss with one month expiry contract, using any options strategy in that direction. You saw, for the Call # 1, there was 100 points down profit, and it gave 1000 Rs profit for the PUT buy&sell combination.

So basically Call #1 is a success for the players who executed for 1000 Rs profit with 3500 Rs stop loss, using option strategies. But you see, Greedy, makes us to hold to it, because your inner mind says, our calculation is correct for 100 points, but we are getting peanuts. And dont want to settle with the peanuts. Either big profit or let options to expire worthless. So the position is continuing. But what we did not realized is we also dont want risk more than 3500 Rs. 1000 Rs profit is good, but who is listening. Nobody.


(Call # 1/15) July month
There is a short sell opportunity created at closing time. Expecting a small retracement tomorrow and day after tomorrow, to touch 10570. If Cuts and closes below 10570, everybody will become panic again.

[t00051]

Grinding master has to get out now and Get Ready for 100 pts up/down. I bet it is going to be up so that Call # 2 will become success.

[t00051]

Market cheats for the Call #2 - The 11300 CE option is not giving 1000 Rs profit eventhough market up by 80 points. They cannot cheat for long. Market still in buy trend let us c Tomorrow. Unless market cuts below 10670, market is intact to touch 11400 by next week end. I strongly believe that.

[t00051]

Yeah, its short term sell now. we cannot say what market should do. we need to do what market does. Market is shaping up on a direction, but we dont know what the direction is. There will be major movement in coming days 1 to 3 days. We have no other choice

Call #3 Sell Nifty 10750
stoploss 10950

or Buy 10600 PE @ 162

or Buy 10600 PE @162
Sell 10200 PE @ 62
Sell 10000 PE @ 40
It will make a buy position when market is @ 9650. It will give profit only on Expiry date if the market is between 10500 to 9750. Otherwise its a matter of 3500 Rs stoploss.

[Alok Tewari]

[t00051]

So market is not touching 11400 next week ?
[/quote]

There is only two way in market. Either goes up or comes down. Look at it. How simple is it?

I am betting on 11400, because market is not trading below either 10570 and 10670. So there is greater probability to touch 11400 after that all bears will be in fear and short covering will take to 12100.

Why we should be in hurry to say 11400 not touching unless market is below 10570?

[t00051]

For each call I am getting 50 points to 100 points, but that is not helping to make big profit. only peanuts, so could not exit.

What can I do, market says to buy now, So now Call # 4 is a buy 11300 CE @ 35 Rs.

So now , we are simultaneously with short and long position. All because of the dead market movement in this week. Market got Corona i think. No movement.

[t00051]

Market moved by 50 points to 100 points, but that is not helping to make big profit. only peanuts, so could not exit again for the Call # 4 with profit.

Market still in buy now but not moving like 500 points, cannot exit PE strategies, Cannot exit CE strategies. I dont mind of stoploss of PE and CE strategies. Only for the nifty futures traders, they have easier option to exit or not. they get 50 to 100 points for each call.

Still market is not going below 10570, until that time within this week i expect 11400. because at particular day market has to come out of this Grinding phase, and i bet it will be 11400.

[t00051]

[sanjayojha]

[quote="t00051"]

[t00051]

[quote="sanjayojha"]

[t00051]

Hmmm..okay tug of war between bears and bulls and no one won yet. all premiums are being grinded. Instead going up for 300 point and coming down for 300 points..it could have either gone up600 or go down 600 points.. ...with this peanut profits what to do.. I think it is time to start trading in nifty..

[t00051]

Okay got better than peanuts. Still there is unknown fear when trade in Nifty..took and carrying nifty buy, nifty pe buy for hedging, nifty ce short sell..this collective position gave better than peanuts for 100 points movement. But still some fear..

[t00051]

Never be in hurry. 10570 exactly was the turning point


But still predicted 11400 did not come..from 10880 market dived to 10570 and came back..so I can only hope for 11400 to come in next week.. upside 11400 is the turning point..above that 12000 coming so quick..