Stocks To Keep A Close Eye On

Status
Not open for further replies.

PGDIMES

Well-Known Member
Dear SG,

I think my short & disappointing trading career is coming to an end:eek:...Either stop-loss hit or booked loss:mad:...Lost almost 50% of my trading capital:(...Thought about taking a hibernation at least for a couple of weeks...But stuck in 4 lots of Nifty 6100 CE @ 67 long...Now in completely hope mode to see Nifty go above 6150 before expiry:p...
 

SavantGarde

Well-Known Member
With todays move correction of November-December is confirmed...

Point to note... this correction isn't going to be a prolonged one stretching into all of December....perhaps upto the first week of December, but not beyond that...

Investors on the sideline should start preparing their shopping list for an entry during the first week of December.


Happy & Safer Investing

SavantGarde
 

MurAtt

Well-Known Member
Dear SG,

I think my short & disappointing trading career is coming to an end:eek:...Either stop-loss hit or booked loss:mad:...Lost almost 50% of my trading capital:(...Thought about taking a hibernation at least for a couple of weeks...But stuck in 4 lots of Nifty 6100 CE @ 67 long...Now in completely hope mode to see Nifty go above 6150 before expiry...
hmm ... I exited today at 64. 2 lots. Went to sleep. Got up and got one 6100CE Dec at 120. i.e. same money invested in Dec CE so no loss of sleep.

And yes .. on DCB (Dead Cat Bounce) from oversold .. what ever I get .. will exit on Thu/Fri ...

also remember Smart Monies need to sell calls at a higher premium as of now for the next expiry ... call premia has moved down much .. so a bounce would ensure a bit of a premium for the next series .. thats what I think .. 6140 or 6180 spot ....

Buy Dec/Jan PE nearest OTM strike.

Lets see .. as usual I could be wrong ... :D



P.S. : Nifty was entertaining today BUT to the wrong audience :p
 

MurAtt

Well-Known Member
With todays move correction of November-December is confirmed...

Point to note... this correction isn't going to be a prolonged one stretching into all of December....perhaps upto the first week of December, but not beyond that...

Investors on the sideline should start preparing their shopping list for an entry during the first week of December.


Happy & Safer Investing

SavantGarde
Don't u think as written in my above post .. a pullback would come ... stuck longs... higher premia etc ...
 

SavantGarde

Well-Known Member
Hi PGDIMES,

Don't get so long in the face....it's quite ok... look at the bright side you still have 50% of the capital....unbeknownst to me the quantum of that balance 50%.... Thou shall recover everything and more before March.... & That's a Promise....

Provided you stop yearning for your neighbour's wife....& concentrate on trading.....Only trades that I give you.... once you have recovered your loss & some more... then you may play as you please...How does that sound...Mr. Wodehouse....

By the way, there is still some hope of recovering some of that 67 bucks by expiry... let's see what the market is upto....


Happy & Safer Trading

SavantGarde


Dear SG,

I think my short & disappointing trading career is coming to an end:eek:...Either stop-loss hit or booked loss...Lost almost 50% of my trading capital:(...Thought about taking a hibernation at least for a couple of weeks...But stuck in 4 lots of Nifty 6100 CE @ 67 long...Now in completely hope mode to see Nifty go above 6150 before expiry...
 
hmm ... I exited today at 64. 2 lots. Went to sleep. Got up and got one 6100CE Dec at 120. i.e. same money invested in Dec CE so no loss of sleep.

And yes .. on DCB (Dead Cat Bounce) from oversold .. what ever I get .. will exit on Thu/Fri ...

also remember Smart Monies need to sell calls at a higher premium as of now for the next expiry ... call premia has moved down much .. so a bounce would ensure a bit of a premium for the next series .. thats what I think .. 6140 or 6180 spot ....

Buy Dec/Jan PE nearest OTM strike.

Lets see .. as usual I could be wrong ... :D



P.S. : Nifty was entertaining today BUT to the wrong audience :p
Not for me, and my kinda IDOITS :p
 

SavantGarde

Well-Known Member
Yesterday & morning upmove today was just entrapment...

A few days to expiry can make the market behave strangely... contrary to the moves we have been seeing from last thursday exception being yesterday....:)


Happy & Safer Trading

SavantGarde




Don't u think as written in my above post .. a pullback would come ... stuck longs... higher premia etc ...
 
Status
Not open for further replies.

Similar threads