Nifty Futures Trading

[praveen taneja]

I am with u taken 4400 at 422
Murtaza bro taken at 420:rofl:
hope to see monday gap up 100+ min
nf first time in prem:thumb:

call put of 4400 close at 434 nifty exact above support and sensex at 14915 all good set up for monday the big bday
Oye pranab mukherji or kuchh nahi to mere P ki sharam karke kuch badhia karke mkt ko 4800 tak pahuncha diyo yaar
Have a nice weekend to all of u god bless us all I wont be here on monday
so ab tumhare hawaale mkt saathiyo:clap:

 

[praveen taneja]

Lagta hai, apka TA meri naiya par kar dega

Bhai mere meri naiyaa to paar kar nahi paaya aapki kahaan se karega:lol:

 

[MurAtt]

Sorry guys, aaj online late hua so cud not read this thread ....

I exited the straddle today at 430 -- 10 rs mile jo broker kha jaayega AND entered strangle at 200 rs. 4100 put and 4700 call.

Also expect a very strict budget coz Govt cannot increase
1. Deficit (GDP Loss)
2. Giving benefits will increase cost of living for citizens -- so benefits only where necessary
3. Now 5 yrs govt will be answerable to every Tom Dick Harry so they will want more tax collection, more this that and proper working etc.

No free lunches.
Expect 4200 on Monday

My opinion and I could be wrong ....

 

[praveen taneja]

Sorry guys, aaj online late hua so cud not read this thread ....

I exited the straddle today at 430 -- 10 rs mile jo broker kha jaayega AND entered strangle at 200 rs. 4100 put and 4700 call.

Also expect a very strict budget coz Govt cannot increase
1. Deficit (GDP Loss)
For this govt thinking of selling psu stake n loss making units
2. Giving benefits will increase cost of living for citizens -- so benefits only where necessary
not all if govt make it clear that above 150000 to 1000000 tax is same u can see huge increase in GDP and lots of black money coming out
3. Now 5 yrs govt will be answerable to every Tom Dick Harry so they will want more tax collection, more this that and proper working etc.
who told u this is congress govt:lol:
murtaza bhai bahut saare kutte she ke shikar pe nikle hain

No free lunches.
Its always free in gurudwara's thats too daily in most of the big one
Expect 4200 on Monday
I feel 4500 minimum n if 4600 then balle balle but i wont be here going Ludhiana:thumb:

My opinion and I could be wrong ....

bro we are i think on opposite view dont know how to join these two post pasting here my views
Govt main focus is on Infrastructre as per Rail Budget . So remain invested in Infra related stks, fii invested huge over last 2 months retail participation is limited fii also buying llast 4 days so dont think we will see a fall but a rise is for sure My Ta say so n I have full faith in my Ta :thumb:

 

[WOD]

Thinking abot the 4400 straddle bought on friday, I had a thought coming in my mind.

I think complete budget speech will end only after 12 PM and after 12 drama will begin. So why didn't we put a stop loss order on both of the option at around 11 PM and reverse our trade on stop loss hit option. This way our loss on loosing trade will be limited; as well we could double our winning trade at descent point of time on B day.

Please comment on my strategy; as I am not experienced enough I can not think of possible drawbacks.

Thanks.

 

[praveen taneja]

Thinking abot the 4400 straddle bought on friday, I had a thought coming in my mind.

I think complete budget speech will end only after 12 PM and after 12 drama will begin. So why didn't we put a stop loss order on both of the option at around 11 PM and reverse our trade on stop loss hit option. This way our loss on loosing trade will be limited; as well we could double our winning trade at descent point of time on B day.

Please comment on my strategy; as I am not experienced enough I can not think of possible drawbacks.

Thanks.

Bro dont experiment in option:clap:
mkt will b too volatile before budget end mkt can go down 150 n move high too tomm mkt range i think would b around 250 so pls take ur own call but sad i wont b here to book loss or profit will do watever i can on tuesday I too on 4400 straddle best of luck god bless u

 

[MurAtt]

---deleted - wrong message ---

 

[klsmani]

Dear Friends,
How to do hedging if i take short position in MINIFTY at current level 4160

thanks
Mani

 

[MurAtt]

Dear Friends,
How to do hedging if i take short position in MINIFTY at current level 4160

thanks
Mani

Buy a 4300 call -- simple

Reason : Why 4300? MininNifty has lot 20 size. So a 4200 call will be like hedging the call with a short MNF. If u are more confident on the short then better take a 4400 call but that's too way OTM I feel.

 

[klsmani]

Dear Murtaza,
Thanks for your information.
:clapping::clapping: