Bulls, Bears & The Lion

[findvikas]

http://www.youtube.com/watch?v=PPtB4pF68Dw

Here is the video (bar replay and NOT a live chart).. live images were posted here in the morning

 

[rajputz]

hi vikas bhai...i am new to options...i have bought 5200 call at 38...sjould i sustain it...actually first time trading options so little uncomfortable with it as i really dont know there working...suggest me what to do and hold for how much time...

 

[findvikas]

First thing confirm how much square off brokerage you are paying for a single lot to decide your breakeven... its usually around 100 per side so around 3-5 rs of breakeven

which means you need to sell it above 43 to gain anything out of it. I do not have great expectations from Nifty on the upside from here ... see if you get your breakeven level tomorrow then get out of it.. Nifty can once again try to touch 5125-5130 levels.. but below 5100 it is going to touch 5066-5020-4990-4925-4885

 

[rajputz]

thanks alot...will sure do exit at those levels...i am charged 35 Rs. per lot on single leg only. I will try to get rid of it..

 

[findvikas]

100% retracement as target was completed yesterday... looks like this retracement came only for you 5200CE @ 43.9 as day's high. Hope you got out of it ?

 

[rajputz]

yup
i got out...thanks...

 

[findvikas]

I think PATELENG can go touch 500... could be a good bet. its a positional trade for couple of weeks

 

[rajputz]

Check Balram Chinni and Bharti Airtel. I am stuck on these for 2 weeks i think...according to trendlines, i bought bought balramchini in a downtrend channel....sucks...bharti is not the major worry....

 

[praveen taneja]

Vikas sir I am in LML from 9.80 and want 100% profit can u tell me when I can have that as soon as possible

 

[findvikas]

bhai ise kehte hain gili chappal se marna... lol