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

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SexyTrader

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ST,

What are your thought for Punj now.I think it should reach 65 soon.You too think same?
Yes it will reach 65 soon :thumb: and maybe go beyond too!

I'm looking at TataSteel(Fut) for today :) I will buy at 424 or lower!

And for my 3rd trade of NEWEST STRATEGY I'm looking for a nice OPTION that will double within 2 days or so...so searching for that :thumb:
 

SexyTrader

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sexy sir wat is your view on infy...tomorrow its results....:confused:
My view of Infy is not positive, so either today or tomorrow...we should see a plunge downwards :)
 
went long larsen & Toubro by buying 4 lots (1000 ) of LT 1600 CE Janury.@ 19.15...in the closing hours last traded price for this call is I think 18.65..I bought because L&T ON HOURLY CHARTS is almost on the verge of giving MACD buy signal.

Really do not know whether I did a wise thing...with Infosys's results tomorrow...huge disappointment on the part of Infosys can take entire market down...and I did this knowing it fully well..

My view ranges from 2 hours yo 3 hours..and I think L& T should cross at least 1560 in cash tomorrow..so value of call should be at least 21-22..thats the target I am looking at ..an appreciation of 15-25 % in the value of calls ..and I am happy with it...no Big Targets..

Happy Trading:thumb:
L&T is strong only if it trades above 1565....so trade with proper stops...best wishes for success of your trade.

Smart_trade
 
You are perfectly right ..Larsen should be able to show more strength once it crosses 1560..

For me the stop-loss is cash level of 1525...and I had bought the calls when the cash Larsen was @ 1542..somewhere around it..and the closing price is 1546.6...

still since my target is very small which may come within a few minutes of Markets opening up..if at all Infosys does not do something which takes the entire market to the cleaners..

still if larsen fails to sustain above 1536..that would be another trigger for me 2 get out..even though my mental stop-loss is cash level of 1525..and in that case my loss would be somewhere around 2-2.6 points I guess...and I will take the losses....

This is what I think about this trade:thumb:
Good trade planning....I wish you get your desired profits tomorrow.....:)

Smart_trade
 

SexyTrader

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Holding TataSteel(Fut) bought at 419/- :thumb: MAXIMUM lots like earlier times :)

And looking for 10-20(or more!) points gain on this in the coming week or two!
 

SexyTrader

Well-Known Member
Booked profit in all the lots of TataSteel(Fut) today at 426.60/- :thumb:

Now no open position right now....

Tomorrow will check the scene and enter some interesting stock/option/index :)
 
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