Playing since 2005 lost 13+3 lakhs

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cool ranger .... I stopped gambling long time .. i do have a perfect back tested mathamatic model for some few stocks and trading according to that...

this time little bit lured ( say greedy ) I have another small system and accordingly the expiry of this month would be above 5800... I will not test this in future even if it wins this month.
Dear friend

you are accumulating 5800 ce options with some reason behind it. but there are just 11 trading days left. So from tomorrow onwards if the market goes in your favour without looking back, i.e., daily around 40 points gain will make 400 points plus for nifty. Then only it will reach 5800 level.

but, tomorrow is the day when rbi is going to announce the rate hike atleast by 25 points. This will affect the market very badly for another 3 or 4 days.

SO THERE IS ALMOST NO HOPE FOR THE NIFTY TO REACH 5800 LEVEL.
PLEASE ONCE AGAIN THINK ABOUT YOUR CE POSITION.
 

ranger123

Well-Known Member
Dear friend

you are accumulating 5800 ce options with some reason behind it. but there are just 11 trading days left. So from tomorrow onwards if the market goes in your favour without looking back, i.e., daily around 40 points gain will make 400 points plus for nifty. Then only it will reach 5800 level.

but, tomorrow is the day when rbi is going to announce the rate hike atleast by 25 points. This will affect the market very badly for another 3 or 4 days.

SO THERE IS ALMOST NO HOPE FOR THE NIFTY TO REACH 5800 LEVEL.
PLEASE ONCE AGAIN THINK ABOUT YOUR CE POSITION.
Hello Chatara,

The market has all ready consider the rate rise of 0.25% by RBI bank. So I think market will not fall great, it go down a littal by not crash. But you are right that the market will not run up very fast also.

Thank you.
 

stock72

Well-Known Member
Dear friend

you are accumulating 5800 ce options with some reason behind it. but there are just 11 trading days left. So from tomorrow onwards if the market goes in your favour without looking back, i.e., daily around 40 points gain will make 400 points plus for nifty. Then only it will reach 5800 level.

but, tomorrow is the day when rbi is going to announce the rate hike atleast by 25 points. This will affect the market very badly for another 3 or 4 days.

SO THERE IS ALMOST NO HOPE FOR THE NIFTY TO REACH 5800 LEVEL.
PLEASE ONCE AGAIN THINK ABOUT YOUR CE POSITION.
Thank for your kindness...

now Nifty at 5450 and to reach 5800 needs 350 means 6% NF to move in 11 days ... u mean to say it never happened ?
 
Thank for your kindness...

now Nifty at 5450 and to reach 5800 needs 350 means 6% NF to move in 11 days ... u mean to say it never happened ?
Dear friend

It has happened already lots of time. But, current situation is not feasible for upward movement.

Even if it goes upward because of short covering, it will not last long.

INFLATION, SCAMS, GLOBAL UNCERTAINTY WILL DEFINITELY SPOIL THE MARKET


If you want to accumulate pe options you may select options with nearest strike rate. There u get the chance of last minute exit with minimum loss.

anyway, wish u all the best to recover the losses. If the market goes in your way, really i will be happy.

Somewhere i had read in your thread, that u had managed to invest another 4 lakhs afresh. Think over the time when you were without that amount.

thanks
 

NiftyFantasy

Well-Known Member
Thank for your kindness...

now Nifty at 5450 and to reach 5800 needs 350 means 6% NF to move in 11 days ... u mean to say it never happened ?
Do not see your positions atleast this week... (may be painful)...but yes I also think that next week or may be from 2nd half of friday...IT COULD BE A GAME CHANGER MOVE BCZ THERE IS NOTHING TO COME VERY BAD FOR OUR MARKETS ON THE OTHER HAND GOOD MONSOON & CRUDE COOLOFF CAN PLAY A BIG ROLL..... BEST OF LUCK TO YOU....

I am worrying just for CRR hike (however there is a zero chance), if it happens then bulls will be in deep trouble....and bears will be on the front seat.....

Discl.: Bought 5500 ce 5 lots @avg.63/-
 
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