Daily Tryst with Nifty

[MurAtt]

Can anyone see a bearish wedge forming on the NSpot 5min TF?

 

[lazytrader]

Stop loss hit

how come? Trend still bullish.

Can anyone see a bearish wedge forming on the NSpot 5min TF?

Looks like a channel.

Looks like we are going to see the narrowest range of the past few days.

Anyone notice the sharp movements after 3PM? I wonder if there is any kind of indication on which way it may move. good for scalping atleast.

 

[WOD]

how come? Trend still bullish.

Yup SL hit.....did you observe how swiftly nifty fall from 4577 to 4551 before moving to 4570...........during that period options premium dramatically reduced........had CE 4800 @ 10.2 sl at 8.7

 

[MurAtt]

My overnite positions for Monday

2x4600PE@46/-
1x2100CA-RIL@24/-
1X210CA-NTPC@4/-

 

[VJAY]

My overnite positions for Monday

2x4600PE@46/-
1x2100CA-RIL@24/-
1X210CA-NTPC@4/-

Murtaz bhai,
zhara hamein bhi bataye how can you find out the scrips to enter(call/put).I am seeing your lot of posts daily in options.......:clapping:

 

[lazytrader]

My overnite positions for Monday

2x4600PE@46/-
1x2100CA-RIL@24/-
1X210CA-NTPC@4/-

Why PE?
You don't believe that we can make it over 4600 in 4 days?

Summary:

 

[MurAtt]

PE is just a hedge. If the index moves up then the stock CALLS will give more returns than the loss in the Nifty PUTS.

If the market moves down then the PEs will keep me alive to trade another day ....

Also the selection is such - RIL (results will make or break) and I am long so PEs.
NTPC will - irrespective of market movement - move up - at least till Adani IPO ALL power scrips will keep on moving up (to ensure subscription) or remain either where they are - so not worried there.

Now if RIL results are good - then RIL call and NTPC call will rock - PEs will be sqd off anyways on monday BUT if results are bad then RIL money gone down the drain but PEs will give and NTPC at the most will not move.

So a conjuction / curry of news base CA PE buying - all for the next 4 days - a roller coaster ride ....

Enjoy

 

[MurAtt]

Murtaz bhai,
zhara hamein bhi bataye how can you find out the scrips to enter(call/put).I am seeing your lot of posts daily in options.......:clapping:

Options me LIMITED RISK/LOSS - UNLIMITED PROFITS and I am not selling anything -- so believe it.

Bas idhar udhar se khabre mil jaati hai -- aur kya

 

[raj001]

Murtaza bhai kuch khabaren hume bhi de do....... by the way one should buy 4600 PE on monday to get good profit.. what say?

 

[raj001]

Murtaza bhai ,how did u gt 4600 Pe at 46 as its low price was 77.35?