Tuesday, November 29, 2011

Option Trading Target November 29, 2011

Buy 2 lot of Nifty Call 4800 @ 157.00 for a safe target of 170.00
Put Stoploss at 143.00 as this will hit below 4800 level

16 comments:

  1. Do not try to trade against the tide. Keep the stoploss tight and strictly follow the same.

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  2. I want to advise you all, not to go for averaging at this level. Keep stoploss intact.

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  3. Put stoploss at 160.00 we are in profit, there is no meaning in booking loss,

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  4. Book your profit at 163.00 right now. we will take position on next opportunity

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  5. nifty may consolidate at around 4830 to 4840 but we are day trader and need to wait for next opportunity, enjoy what profit we have till now.

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  6. though I advise to squire to position but brave hearts may wait till 4850 Nifty level and book profit at give target i.e 175.00. but maintain strict stoploss

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  7. Be ready to take inverse position of Put 4900 @ 160 when nifty will cross 20 EMA.

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  8. We can initiate the same position when Nifty become positive or cross 4850.00, I will give call before taking position

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  9. Buy 2 lot Put of 4900 @ 150.00

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  10. Put stoploss of 140.00 for new position of 2 lot put @ 150.00

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  11. But 2 lot more @ 146 of 4900 put

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  12. Maintain stoloss of 140.00

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  13. What you want to do with your profit?????

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  14. Book part profit on 2 lot at 165.00 and maintain stoploss of 160.00 on remaining 2 lot.

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  15. Stop loss hit, No more Call for today, as I avoid overtrade.
    total profit for today
    163-157=6*100=600
    165-150=15*100=1500
    160-146=14*100=1400
    Total=3500 Enjoy....!! :-)

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  16. (Brockrage need to deduct)

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