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

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SexyTrader

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Today....market seems waiting for correction :thumb:

I hold 7400PE July since last Friday.....

To have profits INTRADAY to neutralize the "notional PE premium erosion".... I see 7600PE July looks good to buy for INTRADAY today!

Bought 7600PE July at 138/- now :thumb: same number of lots as the open position
 

SexyTrader

Well-Known Member
Today....market seems waiting for correction :thumb:

I hold 7400PE July since last Friday.....

To have profits INTRADAY to neutralize the "notional PE premium erosion".... I see 7600PE July looks good to buy for INTRADAY today!

Bought 7600PE July at 138/- now :thumb: same number of lots as the open position
Continue to hold 7400PE July!

But in INTRADAY, booked profits in 7600PE July at 168/- now. Had bought it at 138/- today :thumb:
 

SexyTrader

Well-Known Member
Continue to hold 7400PE July!

But in INTRADAY, booked profits in 7600PE July at 168/- now. Had bought it at 138/- today :thumb:
Now buying 8000CE July at 50/- for INTRADAY as hedge to 7400PE July open position :thumb: same number of lots as the open position.

I expect that correction is done and we head higher :)
 

SexyTrader

Well-Known Member
Now buying 8000CE July at 50/- for INTRADAY as hedge to 7400PE July open position :thumb: same number of lots as the open position.

I expect that correction is done and we head higher :)
Booked profits in INTRADAY hedge 8000CE July at 52/- now :thumb:

I continue to hold 7400PE July position.
 

SexyTrader

Well-Known Member
I think we will get to 7900 coz the budget is going to be very good! Buy on rumor and sell on news applies now! Most bought on dips on friday....and some more buying on monday should take NIFTY higher :thumb:
 

Einstein

Well-Known Member
1. Every step a country take in order to curb inflation is generaly bad for stock market.

2. if this government don't work to cub inflation, it will be a disaster.

choose wisely.
 

SexyTrader

Well-Known Member
Today i'm going to buy 8000CE July for Intraday hedge to my open 7400PE July position :thumb:
I feel the inflation data will be positive coz our RBI seems to be doing a good job :) i like the way they are trying to tie the loose ends with care!! Thats why i do not see a very huge correction before budget!
 

SexyTrader

Well-Known Member
Today as decided.....bought 8000CE July at 39/- now for INTRADAY hedge to my open(positional) 7400PE July position :thumb:
 

SexyTrader

Well-Known Member
Today as decided.....bought 8000CE July at 39/- now for INTRADAY hedge to my open(positional) 7400PE July position :thumb:
Today....booked profits in INTRADAY hedge 8000CE July at 44/- now :thumb:

positional 7400PE July stays open :)
 

SexyTrader

Well-Known Member
Today I did not trade coz was not well! But continue holding the positional 7400PE July since 2 weeks or so.

Tomorrow I feel we may not get higher coz this Iraq crisis is now getting towards a full-fledged war! They are sending troops and it does not look easy to resolve! So maybe we would head down tomorrow!
 
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