Option trading strategies that i hope will work.

[detrich]

tata mtors call option of 300 @ 5.95 looks great.

 

[detrich]

damnit i think i have caught what i was most worried a whip saw my primary aim is to see off this session and if it falls below 5440 I will exit and will next time adhere to my own principles: D

 

[detrich]

i have exited my call contract with heavy heart and tons of regret

 

[detrich]

Here lies an example though i would have preffered not to be subject with an example of my morning trade call i am trying to figure what more precaution i should have taken before suggesting or making the trade. It was really stupidity on my(it is the only word and expression to sum up my morning call) to make a trade. I exited with a minor loss of 800 I would ensure same gets covered in tata motors in cash market. Best of luck people AND I HATE TRADING MARKETS. Now if you excuse me i will go and break something. TC

 

[nara]

Here lies an example though i would have preffered not to be subject with an example of my morning trade call i am trying to figure what more precaution i should have taken before suggesting or making the trade. It was really stupidity on my(it is the only word and expression to sum up my morning call) to make a trade. I exited with a minor loss of 800 I would ensure same gets covered in tata motors in cash market. Best of luck people AND I HATE TRADING MARKETS. Now if you excuse me i will go and break something. TC

You made a perfect example of Pandit Ji Khud Bengan Khaye Aur Dusro Ko Mana Kare:rofl:

 

[detrich]

Still not the kind of market to take any kind of prediction let alone invest especially after my last misadventure just sticking to cash markets currently looking at yes bank..zzzzzzz

 

[detrich]

It is saturday night and feeling insomniac I have decided to do crystal gazing and hope the moon with his soft light illumunates what the sun blindens in day P.s please ignore the spelling mistakes

 

[detrich]

In Bank Nifty the long term phse is trading(I hate this word) 2011 saw a steady decline in the index after a strong runup till 13000 upto 2010. This is understandable with tightening of intrest rates and crr ratio. In past few months specifically January onwards index had witnessed a bullish wave leading upto now till RBI Guv gives a reality by hinting at sustaining the current rates. Technical analysis wise I am going mark this little runup of index as wave B . For confirmation I am going to wait till 9200 mark to really call this decline as wave C. But that is all future babble. Presently market has found a resistance at 10900-11000 mark with support at 10000 it will good idea to wait. Need more data to spot a pattern. MACD is in bullish with descending slope and RSI at 56 is well neutral position. Wait and watch it will be.

 

[detrich]

It is time to say good night

 

[detrich]

For nifty index there is nothing much to write the observation from chart analysis for Bank nifty. Sincenifty is broader index the trend witnessedis simillar or rather this sluggisg trading market nature is very much prevelant and the same is exihibited n Niftyexcept the fall in Nifty index for 2011 was less sharper than bank nifty and the mark to watch is 5200 at bottom.