Nifty : Real time discussions...!

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ranger123

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I has start buiding my jodi positon aso I first sell PE 5400 now for Rs. 55.65.

Now before closing time, I will sellling CE 5500 also.

Thank you and best of luck.
I has sold CE 5500 now for Rs. 53.45. So now my jodi of sold CE 5500 and PE 5400 is for Rs. 109.10. I planning to close it by tomorrow closing time.
 

PGDIMES

Well-Known Member
Hello PGDimesji,

I also plan to placing opposite trade today at closing time (after 3.25 time) but I planning to sold CE 5500 and sold PE 5400 jodi. So I what you will buy I will be on the sell side :).

I planning to hold this postion till tomorrow closing time.

Thank you and best of luck
Dear Ranger123,

Stop the Ji Business... :D

Next... 1 unwanted advice... Do not sell options just before a major event (even straddles/strangles/others)... Ask those who lost a fortune on 18th May,2009 for selling straddles or strangles... :)
 

ranger123

Well-Known Member
Dear Ranger123,

Stop the Ji Business... :D

Next... 1 unwanted advice... Do not sell options just before a major event (even straddles/strangles/others)... Ask those who lost a fortune on 18th May,2009 for selling straddles or strangles... :)
Hello,

I has been seeing that before some important news, the impliad volatility of option is go up very high so the price of option also much high. So sell is a good way to earn the premium. Also, this is becase every body has to hold buy CE and PE at the strike price or near strike price becase of the important news. So the price of the jodi is high, so I sell to earn the premium. Also for tomorrow news, the RBI rise of interest rate is in the market and in the nifty level all ready. Because of this rate rise afraid only the market is not move up since long time and also has go down. So I think that if RBI rise the rate tomorrow, the market will not falling greatly. Tomorrow the day is volatility but after the annocnement of RBI bank, the impliad volatity of options will down so the price of my pair will be lower so I can then making profit. Also the RBI news will not be before the market open so market will not gapping open low or down. The news will come in the market time so I will track the moment of nifty and the news when RBI bank say it. This all is my thinking and so I sell option jodi.

Thank you for your adivce and bese of luck.
 

linkon7

Well-Known Member

image upload

Gap down is a given. The onlly vlv i can see is 5437... there are 3 ref lvl very close together and any long for me will be above that lvl.

Too many people have written the 5400 put and its in their interest that 5400 doesn't break. We have all the reasons to break it, but million dollar question remains if the bear have the initiative to take it lower. Many strong bulls have been waiting for lower lvl to get entry. will they react to the low prices or just wait and see...! If they believe that 5200 is possible, they wont be aggressive buyers of this dip and will back off.

The first 5 min will set the base for the rest of the day... That 5 min will be when the panic driven bulls would want a desperate exit and weak bears will want an exit. Expecting a 15-25 point wide bar at open. The low of that will have to act as my next ref lvl.
 

linkon7

Well-Known Member
first 1 min bar was a green bar... and it marked more panic exit of shorts than fresh build up.
second min bar broke previous high... yet the first min bar low yet to be broken.
3rd min saw some short covering...! but aggression is sub dued...!
4rth min bar... is when traders normally enters market.

5405... my ref lvl is made for the day....!

placed short trigger for at 5410.65
 
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