Trading with PT style

[findvikas]

Dear Vikas,

I would appreciate if you can elaborate your strategy about 1 MINIFTY long and 5100 PE @ 120.

That strategy I have closed out and not taking MINIFTY for now as I need to catch some sound sleep.. (without worrying about market move )

Current position is 2 lots 4700PE @ 29.70 as I am expecting further down side .. being deep out of money it will not lose much value coz all it has is just time value and in a day they will hardly lose 1rs.. if at all.

..on the other hand 5200 will be the next stop above 5168.. being so close to that level I cannot blindly believe in my instincts and have to hedge myself against a sharp up move to cross 5168.

1 single lot of 5200CE will cover my entire cost of 4700PE if market goes up to touch 5200.. where I will average down my 4700PE

 

[findvikas]

basically this strategy is to give me piece of mind as I sleep

 

[praveen taneja]

basically this strategy is to give me piece of mind as I sleep

11am pe sone wala Kumbhakaran:rofl::rofl::rofl:

 

[praveen taneja]

From 10 point prem yday mkt now 12 point discount means good profit booking at this level and bear are ready to either exit or take back mkt from bulls but last chance is looking remote now a kiss of 5170 is must even if mkt want to go down as I think 52 week high is 5180 around lets see

 

[bloodmoney]

Lets look for Bulls first and let give chance for bears later on the day.. since i have taken 5200 call @ 91.5

 

[findvikas]

H&S will take it deep down below 5146... atleast 5135

 

[raj001]

From 10 point prem yday mkt now 12 point discount means good profit booking at this level and bear are ready to either exit or take back mkt from bulls but last chance is looking remote now a kiss of 5170 is must even if mkt want to go down as I think 52 week high is 5180 around lets see

good morning pt bhai.. taken 5000 put at 77.. long month remaining.. lets see

 

[praveen taneja]

Bro yday huge buying above 5100 shows that bulls are in mood to take mkt above 5200 and that is the point of caution as if from there FII started booking profit then
Allah Maalik

 

[praveen taneja]

H&S will take it deep down below 5146... atleast 5135

good morning pt bhai.. taken 5000 put at 77.. long month remaining.. lets see

why are u people nowa days opposite of me in trade:rofl:
Niether i can pray for me nor for u

 

[findvikas]

yaar market mein bas volume ki kami hai aaj... mera target to complete hua rote rote...