My Daily Options Trading Diary

[findvikas]

Buy bharti 300CA once SPOT trade above 300 for 2 mins... target 305-312-321 in SPOT

Stop 297.5 in SPOT

 

[findvikas]

1. What's the low of the first wave?
2. Have 1 4800PE @ 86, 1 4900PE @ 102 and 1 5000PE @ 115.05.
What should be the action for today?

Rajiv

low was 4539... hold your shorts for now... dont book when market is at peak let it ease off some gains if at all we need to book them today.

 

[amitiemcal]

hi vikas sir
I am still holding all my position book looss aor wait reply

 

[findvikas]

I gave level of 4940 to book looses which was way back... we are trading at near highs of the market and there is very much possibility of small pull back on profit booking.

book your shorts there on a small pullback near 4980-4975 levels if you are not comfortable to hold.

 

[amitiemcal]

i am comfortable in holding till expiry but will it come back to 4800 level waiting eagerly

 

[findvikas]

turnaround for the series is seen between 4600-4900 but who knows whats going to happen after 15 days

 

[findvikas]

keep an eye on bharti... reaching near levels... above 300.60 (days high) it can show its true colors and fly to 305 or 310

 

[findvikas]

technical formality completed... (5008.90 in future & 5002.55 in spot) profit booking should take it down to 4980 levels

 

[findvikas]

go get bharti... go go go

 

[findvikas]

300ca from 13.5 to 14.5 in seconds