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Nifty View - October Series 2013 |
rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #136 Posted: Wed Oct 09, 2013 1:14 pm Post subject: |
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guruji..can we buy calls again? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #137 Posted: Wed Oct 09, 2013 1:23 pm Post subject: |
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rrk2006hyd wrote: | guruji..can we buy calls again? |
I feel it may react from here or 5986. I have sold most again. |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #138 Posted: Wed Oct 09, 2013 1:30 pm Post subject: |
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ok..i will buy puts above 5980-5990 or below 5950????? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #139 Posted: Wed Oct 09, 2013 1:45 pm Post subject: |
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rrk2006hyd wrote: | ok..i will buy puts above 5980-5990 or below 5950????? |
I am not sure of that too. be careful. let price tell |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #140 Posted: Wed Oct 09, 2013 1:46 pm Post subject: |
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this comment shows your great experience....cool trades |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #141 Posted: Wed Oct 09, 2013 1:51 pm Post subject: |
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vinay28 wrote: | rrk2006hyd wrote: | ok..i will buy puts above 5980-5990 or below 5950????? |
I am not sure of that too. be careful. let price tell |
ok, if NS doesn't cross 5995 today, buy a small qty, say 1 lot, of 6000pe. But only for tmrw. Note that when uptrend is strong, profit in PEs is difficult as they are being written and vice versa. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #142 Posted: Wed Oct 09, 2013 1:53 pm Post subject: |
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amitagg wrote:
if v is high and should subside in few days, how about butterfly
sell 6000 call put...300 net credit
buy 5600/6300 call put...some 75?....thats also range 5600-6300
can vary hedge timing etc
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actually your query is not clear to me amit. but in general, I feel, if vix falls below 20, it makes sense to buy rather than write options, even if one hedges. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #143 Posted: Wed Oct 09, 2013 1:58 pm Post subject: |
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all this while banks didn't support. Now to see what they do in next 90 min |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #144 Posted: Wed Oct 09, 2013 2:20 pm Post subject: |
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vinay28 wrote: | all this while banks didn't support. Now to see what they do in next 90 min |
bank did move up but itc and ril are quiet. Yesterday's high of 5981.70 not being taken out ..... as yet. |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #145 Posted: Wed Oct 09, 2013 2:22 pm Post subject: |
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vinay28 wrote: | vinay28 wrote: | all this while banks didn't support. Now to see what they do in next 90 min |
bank did move up but itc and ril are quiet. Yesterday's high of 5981.70 not being taken out ..... as yet. |
Is nifty forming double top? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #146 Posted: Wed Oct 09, 2013 2:24 pm Post subject: |
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rrk2006hyd wrote: | vinay28 wrote: | vinay28 wrote: | all this while banks didn't support. Now to see what they do in next 90 min |
bank did move up but itc and ril are quiet. Yesterday's high of 5981.70 not being taken out ..... as yet. |
Is nifty forming double top? |
could be distribution. rsi has -ve div since 1.20pm. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #147 Posted: Wed Oct 09, 2013 2:36 pm Post subject: |
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At last yesterday's high crossed. Higher high and lower low than yesterday will mean a bullish engulfing candle unless it reacts sharply till eod. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #148 Posted: Wed Oct 09, 2013 2:49 pm Post subject: |
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this can be an ideal long trap too....markets can rise 40-50 points more but i would be very skeptical of break of 6100 conclusively....not this month i feel OR top around Diwali then unabated rise?? lets not try to predict!!! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #149 Posted: Wed Oct 09, 2013 2:52 pm Post subject: |
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I feel long holders should book between 6008-16NS |
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reemajainiaf White Belt
Joined: 17 Sep 2013 Posts: 78
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Post: #150 Posted: Wed Oct 09, 2013 3:03 pm Post subject: |
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Vinay28 should I buy a put at eod or wait some more? |
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