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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #1096 Posted: Fri Mar 01, 2013 9:23 am Post subject: |
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ok thanks vinay.
5710.60 fut new low, premium 20-22 points, gap filled immediately in spot.
exited my put @ 131, expecting some rise today, will re-enter at a lower price. |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #1097 Posted: Fri Mar 01, 2013 9:31 am Post subject: |
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sw_das wrote: | masa wrote: | sw_das wrote: | masa wrote: | apka wrote: | masa wrote: | Guys....thanks.....such type rich discussion helps like me. I read only chart and do not focused on all other issues.
At the end I bought 5800 Mar Call. Pl your views. |
march fut was trading near 5750 at close. Dont know how premium will be tomm but spot will definate rise. 5700pe added 18 lakh shares n total OI 66 lacs. So expecting retest to 5740 spot. |
Thanks apka. Many times my chart reading not bad, but do not remain on my own readings and not enough patience therefore not much getting out of it. What to do. |
Option is very flexible thing. Try to convert to spread or something else when you get a chance. Today 5780 around can be tested I feel. But bad GDP number and Dow is expected to correct significantly. So the best nifty will be range bound if not breaking down further (in 1-2 months). If nifty goes to 5600, then try with bullish spread for small return. |
Thanks apka
Thanks sw_das
sw_das....could you explain in deep about bullish spread. I could not have that much margin for shorting options. |
Say market goes to 5600, then buy 6500 call and sell 5700 call. it will protect you for down side move and will give you exit opportunity if not profit. There is also ratio spread, like buy 5600 call and sell double 5800 call. etc. Yes margin is needed high. |
There are many more. But one more you can consider sell 5600 PUT and buy 5500 PUT (credit spread). |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #1098 Posted: Fri Mar 01, 2013 9:34 am Post subject: |
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ah crap new fut low and stocks retesting their yesterday low.. my put 141 |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #1099 Posted: Fri Mar 01, 2013 9:44 am Post subject: |
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apka wrote: | ah crap new fut low and stocks retesting their yesterday low.. my put 141 |
Yes, it would be a problem for everybody. We have NOT made reversal even in 5 mins chart I guess, leave out higher time frames. But we are over sold. wait and watch |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #1100 Posted: Fri Mar 01, 2013 10:01 am Post subject: |
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If we remain range bound today, 5700 PUT and 5800 call pair may come down to 115-118 range. It will be interesting in that range. |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #1101 Posted: Fri Mar 01, 2013 10:13 am Post subject: |
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Beginning of new expiry month as usual its showing how positive it is with the leaps and bounds.
Again the game remains same, playing by the levels. As much as I read and listened to analysts C'bam and FII are thick as thieves.
He got the Tax Residency Certificate clause during the speech and then said he will clarify the same after the budget by diluting or I should say its a gimmick. FII sold at higher levels and now buying at lower level. This is not the first time though such things has happened. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #1102 Posted: Fri Mar 01, 2013 10:22 am Post subject: |
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taxmann50 wrote: | got the Tax Residency Certificate clause during the speech and then said he will clarify the same after the budget |
It is also called donation for elections. If each ruling party candidate spends Rs 500- 1000 crores X 525 LS seats = ? FIIs should contribute their share! Prakash Holla |
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masa White Belt
Joined: 06 Jan 2007 Posts: 162
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Post: #1103 Posted: Fri Mar 01, 2013 10:25 am Post subject: |
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apka wrote: | ah crap new fut low and stocks retesting their yesterday low.. my put 141 |
apka, r u still holding your 5800 put ?? |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #1104 Posted: Fri Mar 01, 2013 10:30 am Post subject: |
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pkholla wrote: | taxmann50 wrote: | got the Tax Residency Certificate clause during the speech and then said he will clarify the same after the budget |
It is also called donation for elections. If each ruling party candidate spends Rs 500- 1000 crores X 525 LS seats = ? FIIs should contribute their share! Prakash Holla |
So prakash bhai kya laag raha hai 2014 election ka? UPA III or Chaos Coalition? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #1105 Posted: Fri Mar 01, 2013 10:39 am Post subject: |
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masa wrote: | apka wrote: | ah crap new fut low and stocks retesting their yesterday low.. my put 141 |
apka, r u still holding your 5800 put ?? |
i sold in the morning @ 131 after opening. bought it back again @ 118. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #1106 Posted: Fri Mar 01, 2013 11:05 am Post subject: |
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Still living in FEBRUARY????? |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #1107 Posted: Fri Mar 01, 2013 11:24 am Post subject: |
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taxmann50 wrote: | So prakash bhai kya laag raha hai 2014 election ka? UPA III or Chaos Coalition? |
Taxmannbhai, Sorry for delay in reply! You know better than me that after all the trouble taken by Congress to have scandals and make them public, this election is for NDA to lose. (All they have to do is keep quiet and count the votes!)
And they are really trying hard to lose! Bihar CM is katti with Gujarat CM! Half the Delhi BJP dont want Modi, rest want Modi but wonder how much power they will have under his rule? Look at Karnataka, instead of solid base to march to Delhi, the suicidal leaders are trying best to hand over to Congress/ JD!!! So my prediction: You are right : Chaos!!!!! |
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