Nifty : Real time discussions...!

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ranger123

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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.
I has add another 4 lots of sell CE5000 and sell PE5400 jodi for Rs. 113.4 now. Now I has 8 lots of this jodi with avarage price of Rs. 111.25 with out the broker charge. I has plan to close this sell positon at close market today.

Thank you and best of luck.
 

linkon7

Well-Known Member
so far day's range is 26 points...!

fingers itching for a trade....!
 

ranger123

Well-Known Member
For direction traders I think selling PE 5300 now is a good trades. Now the RBI bank will tell the rate rise or not I think the market will not go down now and there is many trader who is buy PE 5300 thnking that market go down. So for direction trader he can has to sell PE 5300 and then after bank tell rate change, sell the market action and then cover it at today end or if the market go up then keep this position overnite with protection like buy PE 5200and then sell it tomorrow or on the monday.

But friend I do not doing direction trade so I am not take this position of sell PE5300 now.

Thank you and best of luck.
 
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