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

Status
Not open for further replies.

SexyTrader

Well-Known Member
I do not wish a BIG RISK :p But buying INTRADAY 6200 CE looks like a good DOUBLING opportunity!

If spot-NIFTY does go above 5980 and stays beyond that till BUDGET, 6200 CE would give some DOUBLING is what I feel...but cannot be sure right now! :p Will think about it...in case it looks like that later!
 

SexyTrader

Well-Known Member
Today....

Profit-booked WRITING 6000 CE at 18/-....Had written it at 38/- yesterday! :thumb:

20 points gain WRITING the 6000 CE is good enough :)
 

SexyTrader

Well-Known Member
Soon, will start WRITING 5900 PE at 56/- or 58/- with some lots to begin with :thumb:
 

SexyTrader

Well-Known Member
Now, added some more lots of WRITING 5900 PE at 67....and had started writing at 58

So my average WRITING 5900 PE is 62.50/- :thumb: and will profit-book 20 or more points down...
 

SexyTrader

Well-Known Member
Added some more lots of WRITING 5900 PE at 75/-

so now average WRITING price is 68.75/-....and looking to profit-book as many points I can get :)
 

SexyTrader

Well-Known Member
Sexy sir , pehle CE averaging , now PE averaging .......:mad:
Coz the 5900 PE should lose value pretty fast in the run-up to the BUDGET :)

Hence averaging it by WRITING additional lots at higher levels...:thumb:

Right now, my average WRITING 5900 PE stands at 68.75/- for lots held now...lets see whether I have to add more tomorrow ......OR I can head down towards profit-booking :)
 

SexyTrader

Well-Known Member
The 5900 PE is going down as I thought so :thumb: and thats why I started WRITING yesterday

Currently, my WRITING average is 68.75/- and will add more lots in case it goes high further!

But I hope to profit-book around 18/- :)
 

SexyTrader

Well-Known Member
For INTRADAY today :)

JPAssociates(Fut) looks good to SHORT at least 1-2 points down from current price !!
 
Status
Not open for further replies.

Similar threads