Nifty Futures Trading Part 2 (Positional)

[Sunil]

in short, below 3860, bulls will be negated
and
close above 4000 / break of 4050 will negate the bears

put 3800 = 100
call 4100 = 100

will need spot 3600 or 4300...


or only call shud be bought... 4100call

 

[mitasatyajit]

Ya Sunil atleast I am betting my buck on it, lets see with Crassed phingers... but its 2/3 hours consolidation Satda, dont underestimate the Bulls yet...

Underestimate ? Below 3975, they r my clients. I respect them.

 

[Sunil]

Underestimate ? Below 3975, they r my clients. I respect them.

well said, da...

BTW, please, can u spell out how u have prepared for friday...

 

[Sunil]

EU is falling...

dow is in red since morning....

maybe all indices r women.... full of sentiments w/o logic....

czar, can u help me with REL CAP .. any OTM call i should buy

 

[mitasatyajit]

well said, da...

BTW, please, can u spell out how u have prepared for friday...

Thought first, should transfer the strike price of option to 4000. later decided not to do anything, as profit will not increase. Will watch friday movement, then will decide. For the time being keeping existing position.

 

[Czar]

EU is falling...

dow is in red since morning....

maybe all indices r women.... full of sentiments w/o logic....

czar, can u help me with REL CAP .. any OTM call i should buy

Sunil - Rcap - had future , sold at 1174 & bought REL (Rel Infra), but in stocks never have done options, not want to mislead you...

edit: but it has made a HL in weekly, so 1300 check

 

[Sunil]

just checked out nse website
top 3 nifty contracts (T/O wise)
1. CALL 4000
2. CALL 4200
3. PUT 3800

is this call writing????

 

[orderflow13]

reliance under performing the nifty , bad sign

 

[Sunil]

Da
i get this from your chart
u have
SHORT FUT 3965
SHORT STRADDLE ON NIFTY @ 3800

and ur calc is showing that at 4100, you will have no profit - no loss (breakeven)

right na?

 

[learn2trade08]

anyone thinking like me?
3950 breaking again and bulls chakki pheesing???