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

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Sultaan

Active Member
This rally upwards does not have a logical basis :) Hence I have started SHORTING the Nifty(Fut) now from 5718....with MAXIMUM lots!

And SL for Nifty(Fut) is 5755.

And the 5600 Put will come back to life maybe later :thumb: But I have already hedged the premium amount against the Nifty(Fut) so no loss even when 5600 Put down for now....
On one hand u say u have hedged 5600 pe with nf ( which logically means u bought futs, that too suddenly cropped up) then u say u have started shorting nf on every level :confused:
 

TheDreamer

Well-Known Member
On one hand u say u have hedged 5600 pe with nf ( which logically means u bought futs, that too suddenly cropped up) then u say u have started shorting nf on every level :confused:
leave it man... He is modern day Houdini... he can spring a surprise any which way he wants... last month he was bullish with 5800 & 5700 CEs & didn't lose... this month he has 5600 PE worth 1 lakh Indian currency & will still make huge (paper) profit... come here to have some lol after a hard day's toil in the market/ workplace... :rofl::rofl::rofl:
 

Arsh

Well-Known Member
Well, I think todays rally seems to be supported by buying after Moodys comment on India outlook and EU/IMF deal on Greece, We seem to be ignoring parliament today (as the logjam doesn't show any impact on Sensex, nifty)...

Going ahead, if parliament resumes, it would be a further boost for stocks. If it continues to remain stalled, well see some correction to 5650 levels I suppose. :thumb:
 

SexyTrader

Well-Known Member
On one hand u say u have hedged 5600 pe with nf ( which logically means u bought futs, that too suddenly cropped up) then u say u have started shorting nf on every level :confused:
Well I have my own strategy in place, whats getting you so confused ? :)

I was hedging with Nifty(Fut) bought at 5600....INTRADAY nov series.....and profit-booked the last long at 5716 today!

And then started Shorting the Nifty(Fut) at 5718 Today. Whats so confusing to you about that ?

Yes the 5600 Put is down... but the Nifty(Fut) long ride from 5600 to 5716 has taken care of that loss :thumb: so no capital lost.
 
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