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

[SexyTrader]

Are you buying more now?

I just bought some more....so as to average out my buying cost to 6.95/- :thumb:

Now my profit-book target is 14

 

[SexyTrader]

I'm also going to BUY 6100 CE today....when I get it at 2.50/- or lower :thumb:

I'm currently holding 6000 CE bought yesterday, got it dirt cheap at 6.95/- averaged !

The profit-book target for 6000 CE is 14/- coz I like doubling :thumb:

and IF at all...... i GET TO BUY 6100 CE today at 2.50/- or lower!, my profit-book target will be 5.00/-

 

[ak.ece]

...........
i have taken dlf call 220 5 lot what to do now

 

[SexyTrader]

...........
i have taken dlf call 220 5 lot what to do now

I do not track DLF....I think its a FRAUD company.....DLF is not a honest company in my opinion hence I do not follow or track it. Sorry!

 

[SexyTrader]

I agree to just ONE THING that Warren Buffett believes....that is:

Rule No.1: NEVER lose money.

Rule No.2: Never forget Rule No.1.

By the way, this is a quote from ANCIENT INDIA that Warren Buffett has stolen Its not his, but OURS actually :thumb:

 

[timepass]

Are you still holding your CEs ?? Adding ?

 

[SexyTrader]

Are you still holding your CEs ?? Adding ?

Yes I'm holding the 6000 CE at the price I got it earlier.

But I did NOT buy the 6100 CE coz did not feel like :thumb:

ONLY the 6000 CE position is being held...and I will hold it as long as the spot-Nifty does not cross 5500
Premium erosion risk is there, but I'm holding it coz I feel the Nifty should cross 5800 or 5850 in the next 7-10 days, so the premium erosion risk is being taken in its stride !

 

[TheDreamer]

Are you still holding your CEs ?? Adding ?

He would carry on adding & averaging till the price becomes 5p... any problem!

On a serious note, I also do feel the price of 6000 CE can reach double figure on Friday (though not betting in favour of it).

 

[prabhsingh]

Yes I'm holding the 6000 CE at the price I got it earlier.

But I did NOT buy the 6100 CE coz did not feel like :thumb:

ONLY the 6000 CE position is being held...and I will hold it as long as the spot-Nifty does not cross 5500
Premium erosion risk is there, but I'm holding it coz I feel the Nifty should cross 5800 or 5850 in the next 7-10 days, so the premium erosion risk is being taken in its stride !

This month expiry is on 25th and 24th is Holiday which gives us 9 working days.Even if it gives U turn it would be during last couple of days of expiry but at that time reaching 5800/5850 seems to be daunting task.But at same time ST bhai is highly qualified with his positions hence no one can challenge that.Also any threat to the govt from Mayawati can derail the markets completely.Hence such highly risky bets can only be taken by ST bhai.

 

[SexyTrader]

This month expiry is on 25th and 24th is Holiday which gives us 9 working days.Even if it gives U turn it would be during last couple of days of expiry but at that time reaching 5800/5850 seems to be daunting task.But at same time ST bhai is highly qualified with his positions hence no one can challenge that.Also any threat to the govt from Mayawati can derail the markets completely.Hence such highly risky bets can only be taken by ST bhai.

I feel 5820 should come within the next 2 days or so :thumb: or in the remaining 9 days

Somehow I do not feel our current situation is that bleak

I expect Nifty going up to at-least 5820....if not 5850 ! Lets see