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[jamit_05]

Right now 51/53 is at 132... am considering exit... will post if I do... be alert fellas...

 

[jamit_05]

All out at

81.95+49.65 = 132

Profit of Rs.10-2 = Rs.8 in a BTST.

 

[jamit_05]

Will purchase 52/54... cost is 120... well cushioned.

 

[jamit_05]

Purchased 52/54 at 75.65 + 45 = 121;

From here on... only a 50 point downward move will give atleast Rs.10 profit... plus today is friday... and Friday Fury is awesome... 50 could also become 100... or 150 ... who knows...

Worst case... I will have to sell with a minor loss of 2 odd points... the RR is very good...

 

[jamit_05]

A good possibility of a crash down... in another 45 mins will know...

 

[pakatil]

Me too...exited 51/53....130
Entered 52/54......120

 

[jamit_05]

Check out the POLL... will be interesting to see results EOD...

 

[healthraj]

NIFTY spot is trading around 5250. So it would be better to go 150 OTM call.
So we will be 51/54 pair. Now it is trading at a premium of 90-95.

 

[jamit_05]

Time bound Stop Entry Order of <Edit 1>;

If filled, then SL is <edit 2>; Hence a risk of around 15+2 points... hence <edit 2> units at risk of rs.5000/= ;


EDIT 1: E3
EDIT 2: SL modified to 5298.65; units 250;
EDIT 3: Entry 5272.60; 200 UNITS;
EDIT 4: Short 5268.25; SL 5285.90; 250 Units

 

[jamit_05]

Others holding the old pair pls make a note.... if a counter move has to come after 1 p.m. then it is likely to be swift.... it will have ground to cover in less time.... intraday I do not see much upside from here. NF up 2.5% up already.

Nonetheless, you will not make a loss. But, Rs.10 profit will vanish... and may even reappear on the other side...