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

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SexyTrader

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Today....

BOUGHT 5600 PE with as many lots I could get my hands on...at 11.75/- :thumb:

Looking to profit-book this 5600 PE at 24/- :) The DOUBLING is on:D
 

SexyTrader

Well-Known Member
Bought 5600 PE yesterday with as many lots as I can...at 11.75/- :thumb:

In case I get it even cheap today, I will buy more and average out further...

This 5600 PE is a winner all this month....what a cheap price to get it at ! :)

Happy DOUBLING, TRIPLING and even more perhaps :p
 

TraderRavi

low risk profile
Bought 5600 PE yesterday with as many lots as I can...at 11.75/- :thumb:

In case I get it even cheap today, I will buy more and average out further...

This 5600 PE is a winner all this month....what a cheap price to get it at ! :)

Happy DOUBLING, TRIPLING and even more perhaps :p
Sexy Sir, as per your wish, I sincerely hope you will get it @ 50 paise soon..........:thumb:
 

SexyTrader

Well-Known Member
Sexy Sir, as per your wish, I sincerely hope you will get it @ 50 paise soon..........:thumb:
50 paise is out of question in this series :p Rather I am sitting on approx 2 points PROFIT right now....

Will buy more if this 5600 PE comes to 9/- or 10/- :) But it will not is what I feel...

so I hope to get my DOUBLING or TRIPLING....:thumb:
 

SexyTrader

Well-Known Member
Now....added some more lots of 5600 PE at 10.25/-

So net average buying price now stands at 11/- and hence my profit booking target has been revised to 22-23 :thumb:

The DOUBLING is on :D
 

TraderRavi

low risk profile
50 paise is out of question in this series :p Rather I am sitting on approx 2 points PROFIT right now....

Will buy more if this 5600 PE comes to 9/- or 10/- :) But it will not is what I feel...

so I hope to get my DOUBLING or TRIPLING....:thumb:
this damn thing closed @ 7.........:thumb:
 

SexyTrader

Well-Known Member
this damn thing closed @ 7.........:thumb:
Nothing to worry :thumb: These bounces keep happening.....

This 5600 Put will be back in action soon :)

With my average buying price of 11/- I will hold for some time ....yes with some time decay....but if I get to exit at 22-23, my DOUBLING is done :D

And 22-23 looks possible sure!
 

SexyTrader

Well-Known Member
I bet you rue selling off your 6000CE :)
Yup! sure...but there's always a next time :thumb:

Plus it can be got now as well....but I'm feeling bearish, I feel this bounce is a false bounce especially when DOW's hitting such unsustainable highs and our ground situation does not seem so good for us to rally to their tunes :D
 

SexyTrader

Well-Known Member
I bet you rue selling off your 6000CE :)
Looking at the current upwards rally, I'm comfortable as though I did it right profit-booking off the 6000 CE with just 2 points gain....coz the 5600 PE will give me almost 3-4 times gain if I just hold it with time-decay factored in as well :)

Check this http://in.reuters.com/article/2013/03/07/india-election-political-risks-idINDEE92604920130307

Though I would have loved to get the DOUBLING off the 6000 CE, but since an upward rally would be limited in its scope...
hence I relieved and now sitting comfortably with 5600 PE coz I know the NF will come down to 5678 in the coming weeks, so you can guess what will be the price then of this 5600 PE that I bought for just 11/- :cool:
 
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