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Nifty View - July 2013 |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #181 Posted: Thu Jul 11, 2013 10:00 am Post subject: |
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apka wrote: | flag pattern in nifty. tomorrow/friday should be breakout / breakdown. |
i thought it would be saved for INFY result day... 110+ |
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DEVDIW White Belt
Joined: 11 Jan 2009 Posts: 101
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Post: #182 Posted: Thu Jul 11, 2013 10:41 am Post subject: |
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apka wrote: | apka wrote: | flag pattern in nifty. tomorrow/friday should be breakout / breakdown. |
i thought it would be saved for INFY result day... 110+ |
Apka
Nifty flag breakout has taken above 5905 or will wait for EOD close above that.
regards |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #183 Posted: Thu Jul 11, 2013 10:44 am Post subject: |
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vinay28 wrote: | beowulf wrote: | vinay28 wrote: | Sold most of my carried forward calls. Will buy only if 5930/40 NS is crossed. |
Buying any puts..? |
not yet. this can zoom both ways. If it breaks and remains below about 5887NS (and particularly 5871), I may buy puts. Or above 5930/40, I will buy calls. |
i bought nifty july 6000PE 50@117,,shall i keep that?.. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #184 Posted: Thu Jul 11, 2013 10:46 am Post subject: |
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DEVDIW wrote: | apka wrote: | apka wrote: | flag pattern in nifty. tomorrow/friday should be breakout / breakdown. |
i thought it would be saved for INFY result day... 110+ |
Apka
Nifty flag breakout has taken above 5905 or will wait for EOD close above that.
regards |
i've exited my long. not expecting 6000 to be broken in july series. expecting infy to take us down again tomorrow.
5 million volume was done in 50 mins opening and now 6 million volume done in 1st 90 mins. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #185 Posted: Thu Jul 11, 2013 10:48 am Post subject: |
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rrk2006hyd wrote: | i bought nifty july 6000PE 50@117,,shall i keep that?.. |
I am not tracking this put. what level of NF did you buy it? If you bought near today's high then I feel you should get out if NS goes up from here and remains above 5940. I feel it may now go down to 5894NS when you can book and buy again if if it breaks 5871. But better do your study as I am unable to access chart today. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #186 Posted: Thu Jul 11, 2013 10:50 am Post subject: |
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apka wrote: | i've exited my long. not expecting 6000 to be broken in july series. expecting infy to take us down again tomorrow.
5 million volume was done in 50 mins opening and now 6 million volume done in 1st 90 mins. |
apka, I am also on guard about nifty. but you know too well that if nifty is going to go up, it will even if infy goes down. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #187 Posted: Thu Jul 11, 2013 10:53 am Post subject: |
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I am having infy 2300pe but today I bought 2600ce also and will sell if it goes to 2600, which is likely and keep puts. I also have small 860ce of ril. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #188 Posted: Thu Jul 11, 2013 11:00 am Post subject: |
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vinay28 wrote: | apka wrote: | i've exited my long. not expecting 6000 to be broken in july series. expecting infy to take us down again tomorrow.
5 million volume was done in 50 mins opening and now 6 million volume done in 1st 90 mins. |
apka, I am also on guard about nifty. but you know too well that if nifty is going to go up, it will even if infy goes down. |
tru vinay, im hoping for it to work |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #189 Posted: Thu Jul 11, 2013 11:04 am Post subject: |
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vinay28 wrote: | I am having infy 2300pe but today I bought 2600ce also and will sell if it goes to 2600, which is likely and keep puts. I also have small 860ce of ril. |
the amount of premium the buyers are willing to on infy is amusing sometimes. yesterdays close near 2500 and 2500pe @ 136. today @ 2540 also same price.
5945 spot, 5959 fut |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #190 Posted: Thu Jul 11, 2013 11:09 am Post subject: |
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apka wrote: | vinay28 wrote: | I am having infy 2300pe but today I bought 2600ce also and will sell if it goes to 2600, which is likely and keep puts. I also have small 860ce of ril. |
the amount of premium the buyers are willing to on infy is amusing sometimes. yesterdays close near 2500 and 2500pe @ 136. today @ 2540 also same price.
5945 spot, 5959 fut |
apka, very true. infy seems to be a very big game. That's why I am hedged. The worst thing would be flat infy after results. That's why I will sell CE if I see it near 2600.
by the way, you could have carried your longs in nifty with TSL. I feel 5983NF may be possible today. |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #191 Posted: Thu Jul 11, 2013 12:02 pm Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | I am having infy 2300pe but today I bought 2600ce also and will sell if it goes to 2600, which is likely and keep puts. I also have small 860ce of ril. |
the amount of premium the buyers are willing to on infy is amusing sometimes. yesterdays close near 2500 and 2500pe @ 136. today @ 2540 also same price.
5945 spot, 5959 fut |
apka, very true. infy seems to be a very big game. That's why I am hedged. The worst thing would be flat infy after results. That's why I will sell CE if I see it near 2600.
by the way, you could have carried your longs in nifty with TSL. I feel 5983NF may be possible today. |
To be frank I have not followed Infy and its options. After reading your posts I suspect there may not be a huge move and market makers may swallow the huge premiums both sides this time....a bright possibility. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #192 Posted: Thu Jul 11, 2013 12:09 pm Post subject: |
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rk_a2003 wrote: | vinay28 wrote: | apka wrote: | vinay28 wrote: | I am having infy 2300pe but today I bought 2600ce also and will sell if it goes to 2600, which is likely and keep puts. I also have small 860ce of ril. |
the amount of premium the buyers are willing to on infy is amusing sometimes. yesterdays close near 2500 and 2500pe @ 136. today @ 2540 also same price.
5945 spot, 5959 fut |
apka, very true. infy seems to be a very big game. That's why I am hedged. The worst thing would be flat infy after results. That's why I will sell CE if I see it near 2600.
by the way, you could have carried your longs in nifty with TSL. I feel 5983NF may be possible today. |
To be frank I have not followed Infy and its options. After reading your posts I suspect there may not be a huge move and market makers may swallow the huge premiums both sides this time....a bright possibility. |
thats what i find the case to be in most infy result day trade, eod most option hedges turn into losses. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #193 Posted: Thu Jul 11, 2013 12:59 pm Post subject: |
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reliance seeing selling again |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #194 Posted: Thu Jul 11, 2013 1:09 pm Post subject: |
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apka wrote: | reliance seeing selling again |
as I posted yesterday, I will keep buying till 820. CEs are under S2 level now. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #195 Posted: Thu Jul 11, 2013 1:19 pm Post subject: |
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apka/ rk/ vinay: congrats for exposing the Infy option writers. If price moves sideways, as is likely, then they will make a killing! I have never seen this kind of inflated values: CMP 2544, 2550C = 173-5, 2550P =172-3
Thanks for saving my money as I will not buy C or P as intended but just watch from sidelines. Jai Hind. Prakash Holla |
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