| View previous topic :: View next topic |
| Author |
Nifty View - March Series 2014 |
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
Post: #241  Posted: Thu Mar 20, 2014 1:54 pm Post subject: |
 |
|
vinay / apka,
how does this sound... selling 6600 PE and buying 6500 PE... does it make sense looking at the upward bias!!!! |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #242 Posted: Thu Mar 20, 2014 2:07 pm Post subject: |
|
|
| riteshucha wrote: | vinay / apka,
how does this sound... selling 6600 PE and buying 6500 PE... does it make sense looking at the upward bias!!!! |
not sure but what are break even levels? |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #243 Posted: Thu Mar 20, 2014 2:12 pm Post subject: |
|
|
| vinay28 wrote: | | riteshucha wrote: | vinay / apka,
how does this sound... selling 6600 PE and buying 6500 PE... does it make sense looking at the upward bias!!!! |
not sure but what are break even levels? |
6445 ...net max premium 55.... |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #244 Posted: Thu Mar 20, 2014 2:13 pm Post subject: |
|
|
dont understand the lvls and strategies... just was curious to ask..
was thinking abt it since NF has been largely been trading in the 6500 to 6600 levels past couple of days... |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #245 Posted: Thu Mar 20, 2014 2:17 pm Post subject: |
|
|
| riteshucha wrote: | dont understand the lvls and strategies... just was curious to ask..
was thinking abt it since NF has been largely been trading in the 6500 to 6600 levels past couple of days... |
i have posted below....below 6445 loss of rs 1 for every Rs 1 downtick.....
profit area maximum NS > 6600 on expiry = rs 55
profit = 0 if NS below 6545 on expiry....
not a worth may be.....enter into a buy position when market signals a buy... |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #246 Posted: Thu Mar 20, 2014 2:57 pm Post subject: |
|
|
| vinay28 wrote: | | chandrujimrc wrote: | | From here nifty where will go?up or down?God only knows. |
as long as it doesn't sustain below 6488NF, looks like up only. FIIs have buy orders for today also. |
6489 .... |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #247 Posted: Thu Mar 20, 2014 2:59 pm Post subject: |
|
|
| riteshucha wrote: | dont understand the lvls and strategies... just was curious to ask..
was thinking abt it since NF has been largely been trading in the 6500 to 6600 levels past couple of days... |
that combination would mean your break even incase of a rise in nifty would come near 6610 even on expiry day as per cmp.
doesn't seem worthy taking the risk for this expiry.
31st march is monday. normally people who want to book profits or show loss, adjustments etc sell off or redeem starting 3-4 sessions before 31st so that adjustment comes in demat account.
i would think wednesday, thrusday, friday next week should be days for downside / no upside. |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #248 Posted: Thu Mar 20, 2014 3:56 pm Post subject: |
|
|
| thanks apka / amit.. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #249 Posted: Thu Mar 20, 2014 7:43 pm Post subject: |
|
|
Danger notice?
Gap down open and/or close below about 6475 may mean down by at least 100 points below 6433. Three gaps waiting below at about 6401/6328/6297 to take the catch.
Bulls should pray that bottom is more or less over today, may be 10-15 points more down tmrw intraday.
If, however, it breaks out like a half staff, rise can be as much as 200 from centre line i.e. about 6700.
Tight SL for shorts is about 6507, otherwise daily close above 6542/6565 or intraday sustaining above 6586. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #250 Posted: Thu Mar 20, 2014 9:52 pm Post subject: |
|
|
| Ray of hope for bulls? |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #251 Posted: Fri Mar 21, 2014 2:29 pm Post subject: |
|
|
is shorting looks a good idea with SAR 6530 NF...
just not able to cross 6530... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #252 Posted: Fri Mar 21, 2014 2:53 pm Post subject: |
|
|
| riteshucha wrote: | is shorting looks a good idea with SAR 6530 NF...
just not able to cross 6530... |
it may soon |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #253 Posted: Fri Mar 21, 2014 3:01 pm Post subject: |
|
|
it did.. just as i updated. and then came down. 
what a terrible boring day... yawnnn
| vinay28 wrote: | | riteshucha wrote: | is shorting looks a good idea with SAR 6530 NF...
just not able to cross 6530... |
it may soon |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #254 Posted: Fri Mar 21, 2014 3:09 pm Post subject: |
|
|
| riteshucha wrote: | it did.. just as i updated. and then came down.
what a terrible boring day... yawnnn
| vinay28 wrote: | | riteshucha wrote: | is shorting looks a good idea with SAR 6530 NF...
just not able to cross 6530... |
it may soon |
|
bulls and bears are having lunch of premium together for a week now. Next week one of them may vomit. Otherwise expiry around 6500 only |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #255 Posted: Sat Mar 22, 2014 11:50 am Post subject: |
|
|
| safe trade is to buy 6500ce and sell 6600ce. One won't loose much at least |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
