| View previous topic :: View next topic |
| Author |
Individual Stocks |
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
Post: #691  Posted: Wed Feb 01, 2012 10:05 pm Post subject: |
 |
|
hi psalm
i exitted short in sesa once it broke 222 to go to 223.5 .it closed on 222. how do u read its move now. does it qualify for going long now?
regs
ridinghood |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #692 Posted: Thu Feb 02, 2012 9:34 am Post subject: |
|
|
axis bank 1102.90. now waiting for four aces as initial target stated yesterday!  |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #693 Posted: Thu Feb 02, 2012 9:37 am Post subject: |
|
|
| ridinghood wrote: | hi psalm
i exitted short in sesa once it broke 222 to go to 223.5 .it closed on 222. how do u read its move now. does it qualify for going long now?
regs
ridinghood |
Sorry....ridinghood...my laptop was havin some issues....thats y couldn't reply to u earlier.....no need to short now....Just wait for the market to breakout or breakdown....thats the best way, I guess... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #694 Posted: Thu Feb 02, 2012 9:39 am Post subject: |
|
|
| vinay28 wrote: | | axis bank 1102.90. now waiting for four aces as initial target stated yesterday! |
yes vinay....broken my levels....  ...hehehe....will wait for any confirmation now...before making any more trades...I haven't given up on my shorts yet.....wont be doing anything now...will wait for any clear signal.... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #695 Posted: Thu Feb 02, 2012 9:42 am Post subject: |
|
|
sam you are stretching yourself too much with a fixed mindset. Better cover your nifty and stock shorts. BUT, you should get a chance today to cover at lower levels I feel.
My worry is when you decide to go long next week, market may have peaked.  |
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #696 Posted: Thu Feb 02, 2012 9:42 am Post subject: |
|
|
thnx psalm !
will wait for u r levels. people r now turning bullish for it!
regs
ridinghood |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #697 Posted: Thu Feb 02, 2012 9:53 am Post subject: |
|
|
| vinay28 wrote: | sam you are stretching yourself too much with a fixed mindset. Better cover your nifty and stock shorts. BUT, you should get a chance today to cover at lower levels I feel.
My worry is when you decide to go long next week, market may have peaked. |
I will...dont worry....  |
|
| Back to top |
|
|
ESNMURTY
White Belt
Joined: 31 Oct 2009
Posts: 380
|
| Post: #698 Posted: Thu Feb 02, 2012 2:30 pm Post subject: Nifty |
|
|
Hi Psalm,
I have bought 5300 ce @ 98 and 5200 pe @73 Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #699 Posted: Thu Feb 02, 2012 2:36 pm Post subject: Re: Nifty |
|
|
| ESNMURTY wrote: | Hi Psalm,
I have bought 5300 ce @ 98 and 5200 pe @73 Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
Ok...Murty.... |
|
| Back to top |
|
|
SUNILARORA
White Belt
Joined: 04 Jun 2010
Posts: 44
|
| Post: #700 Posted: Thu Feb 02, 2012 2:38 pm Post subject: lt |
|
|
dear psalm
wats ur view on lt & wat r the levels to watch
regards
sunil arora |
|
| Back to top |
|
|
ESNMURTY
White Belt
Joined: 31 Oct 2009
Posts: 380
|
| Post: #701 Posted: Thu Feb 02, 2012 2:39 pm Post subject: Re: Nifty |
|
|
| psalm wrote: | | ESNMURTY wrote: | Hi Psalm,
I have bought 5300 ce @ 98 and 5200 pe @73 Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
Ok...Murty.... |
***************************
Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #702 Posted: Thu Feb 02, 2012 3:04 pm Post subject: Re: lt |
|
|
| SUNILARORA wrote: | dear psalm
wats ur view on lt & wat r the levels to watch
regards
sunil arora |
Hi Sunil,
L&T is trading around 1360 now. If the stock closes above 1360, there is a chance of the stock testing 1410 and then 1440. The immediate support is at 1330. Below that, 1295 will provide the support. The bigger move for the stock will be when it breaks 1460 levels with good volume.
Regards,
Sam |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #703 Posted: Thu Feb 02, 2012 3:12 pm Post subject: |
|
|
| axis bank taking off? |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #704 Posted: Thu Feb 02, 2012 3:21 pm Post subject: Re: Nifty |
|
|
| ESNMURTY wrote: | | psalm wrote: | | ESNMURTY wrote: | Hi Psalm,
I have bought 5300 ce @ 98 and 5200 pe @73 Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
Ok...Murty.... |
***************************
Kindly advise as to when I should close my position keeping in mind the factor of time decay.Total cost 171 |
Murty,
Your positions will be in profit if the market goes below 5030 or if it goes above 5470. I'm not a big fan of buying CALLs and PUTs together for a few days. Because, nifty may not move much from here. In that case, you may not make any money. When you are buying both PUTs and CALLs, you are expecting some big moves on either sides. To reap the benefit, one will have to hold the position for long. Holding long means, diminishing time value. So, my suggestion for you is this. Identify the maximum loss you can afford out of the total 171 rupees. Keep it as a stoploss. Suppose, if you can afford 15 rupees, then you must exit the options when the total value will be around 155. Like that.
NOTE: Ask me any doubts you have in this regard. I'll be more than glad to assist you.
Regards,
Sam |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #705 Posted: Thu Feb 02, 2012 3:25 pm Post subject: |
|
|
| vinay28 wrote: | | axis bank taking off? |
Banks will perform better only if the banknifty breaks 10100....vinay...else, you can expect at least some profit booking.....That includes Axis Bank which rose from around 770 levels to 1100. Some cooling is needed before any up-moves (if any). |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
