Nifty Futures Trading Part 2 (Positional)

[xtalk]

Bulls, RIP till 2009.....lol

 

[Czar]

H&S doesn't happen in a confirmed downtrend. Anyway, MFs are dumping as if all are convinced that 2009 will be even more worse. EU looks extremely scary. Look like, we'd touch 3200 by this series...i hope im wrong.

but the excesses of bull market have to be cleansed, no hope survives a bear... A bear market has always ended on a note where 60 % of traders give up their stock saying this market has finished lets salvage whatever money is left...

 

[Sunil]

for paper trade, and learning to combine FUT+OPTION from Sat DA

short in FUT 3970 (close)
short in PUT 3800 @ 100 (close)

current profit in fut = 375
current loss in put = -175

net (excl brok) = 200

infact u had also suggested to short 4100 call at around 115
current price = 25

thanks da....
making tissue papers of these paper profit, for my poor bull

 

[xtalk]

CZAR, this one is "once in a life or generation" bear market where the downside is beyond anybody's guess. Mind you, there are $60 T CDS (excess?).

 

[mitasatyajit]

current profit in fut = 375
current loss in put = -175

net (excl brok) = 200

infact u had also suggested to short 4100 call at around 115
current price = 25

thanks da....
making tissue papers of these paper profit, for my poor bull

Not 115. it was at 151/_ at that time. Give me the extra. U can use cash, cheque, draft, net transfer anything u like. I have no objection.

 

[Sunil]

Add short 4000 CE #151.

yup...
zakham pe namakh

 

[lalpar]

but the excesses of bull market have to be cleansed, no hope survives a bear... A bear market has always ended on a note where 60 % of traders give up their stock saying this market has finished lets salvage whatever money is left...

Yes Czar,

BULL will only start when everybody will LIE down and tell whatever I get today from the stocks I have is enough!!!!

Still 75% of people are optimistic of a BOUNCE back!!!!Hence everybody is AVERAGING their position ....

so I beliv pricewise correction may go up to 9500 on Index but time wise it will take another YEAR!!! coz PATIENCE will be lost by all investors!!!

 

[Czar]

CZAR, this one is "once in a life or generation" bear market where the downside is beyond anybody's guess. Mind you, there are $60 T CDS (excess?).

not true I have seen 3 of these once in a life time bears & usual picture is 50% from the top + downside...

 

[mitasatyajit]

Sunil, wat about ur ITC F&O paper trade position ?

 

[coolboy007]

some modifications on PN notes, anyone understood what was announced ??

I heard that 2 restricitions on offshore investment have been removed.

Some 40% limit was there which is removed now. Whatever they do its too late now sebi always wakes up when people lose even their underwear.