How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

[SexyTrader]

Continue to hold existing Written PE position ...coz expiry is far away :thumb:

And I expect a bounce-back even with some good news from any quarter!

 

[SexyTrader]

I continue to hold the Written PE position...as expiry is far away and the bottoming of the index today means we will see 12000 soon on the BankNifty :thumb:
Thats a cool 2000 points rise from current levels....to see for yourself, watch how the BankNifty call options premiums are rising slowly

BankNifty has to rise....to 12000 soon!

 

[timepass]

I continue to hold the Written PE position...as expiry is far away and the bottoming of the index today means we will see 12000 soon on the BankNifty :thumb:
Thats a cool 2000 points rise from current levels....to see for yourself, watch how the BankNifty call options premiums are rising slowly

BankNifty has to rise....to 12000 soon!

I admire your confidence :thumb:

 

[sagay]

Market needs confidence (Self confidence) atleast maybe after tonight speech can the markets take you turn and reach half target of ST's Target. Lets hope and wait , anyways i am long in BNF ;-)

 

[SexyTrader]

When things look so bad and confusing, thats when buying starts...same is the case with BankNifty

This expiry series is going to end positive is what I see! If its looking this negative at the start of the month...it will be positive soon! :thumb:

 

[timepass]

But it's a long wait, even if pans out. Is it prudent to tie up capital in a single trade/scrip and let the other opportunities pass by.

 

[SexyTrader]

But it's a long wait, even if pans out. Is it prudent to tie up capital in a single trade/scrip and let the other opportunities pass by.

I agree the wait is long....I took this Written PE position coz did not want to actively trade this month series.

Just wanted to enjoy the premium collected and hopefully get to keep it as well :thumb:

BankNifty will shoot up to atleast 11000 or so...in some time coz its almost scraping the bottoms now

 

[aiysha]

So can we start buying BNF or some more downside possible?

 

[SexyTrader]

So can we start buying BNF or some more downside possible?

Buying BNF in reasonable quantities is a good idea now. Coz BNF should atleast reach 11000-11300 in this expiry, if not 12000 :thumb:

 

[timepass]

Buying BNF in reasonable quantities is a good idea now. Coz BNF should atleast reach 11000-11300 in this expiry, if not 12000 :thumb:

aisa dikhta nahi hai.. any charts please ??