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

[moneywise]

nifty 5580, BNF 11600...............:lol:

Nifty above 5600 is a bad sign for any PE in the very short term. Better to buy PE at 5650 - 5700 kind of range.

 

[kundank7]

Sexy Sir, any view now...as market is trading above 5620 level????

 

[SexyTrader]

Nifty & BankNifty rising without any reason right now! Something does not smell right coz the current scenario is not so positive for having such upward moves....

I'm doubly convinced to hold onto my 10900 PE :thumb:

 

[kundank7]

Nifty & BankNifty rising without any reason right now! Something does not smell right coz the current scenario is not so positive for having such upward moves....

I'm doubly convinced to hold onto my 10900 PE :thumb:

Very much agree with u bosss..................it's now a market for lion heart trader......so keep holding all PEEEEEEEEEEEEEEEEEEEEEEEE

 

[kundank7]

Hi Sexy Sir,

what is your avg buying rate of 10900 BNF put?

 

[kundank7]

Don't hold beyond a limit dear,
It affects Kidney.

LOL :clap: :clap:

 

[SexyTrader]

The beauty with OPTIONS is that the premium eroded gets back to its original value once the index gets near to the strike price :thumb: aka 10900 PE

I have stopped frequent INTRADAY trades ever since the BUDGET session coz the BUDGET has nothing positive in it!
Now I will resume frequent INTRADAY trades ONLY after Elections..whenever that happens

Right now till ELECTIONS, I'm very comfortable with Options coz as long as we choose strikes right...its a world of comfort for a little risk of losing the premium on expiry day :thumb:

 

[SexyTrader]

The smell that I get from this fake rally is....

Either all the results to come are bad or just ok types....hence they "rallying" the market upwards to short at the highest levels when all have been buying into this "rally"

This is the ONLY explanation for such "rally" as happening now! :thumb:

 

[moneywise]

The smell that I get from this fake rally is....

Either all the results to come are bad or just ok types....hence they "rallying" the market upwards to short at the highest levels when all have been buying into this "rally"

This is the ONLY explanation for such "rally" as happening now! :thumb:

I fully agree with you on this view. FII exiting at higher levels is almost a sure shot thing. The market is still poised to visit 5200 kinds of level on the Nifty in the long term.

 

[kundank7]

Hi Sexy Sir....

are you still hopefull for your doubling target in Bank Nifty 10900 PE??????