Okay Thank you. I'm HOLDING a Jan 100CE, shall I book profits on it around 99, or can go up?? No chance for partial profit booking (holding only 1 lot) :) Please share your thoughts.
You need to buy them back, if not, they get squared off automatically at last traded price. Automatic thing will cost you additional charges. Better to but it yourself just 2-3 min before close.
Hi Ramesh, If you sell an option and are in profit, you may book it any time. If you are in profit at expiry, then there are 2 possibilities: 1. The option expires Out of Money - No need to square Off (But pls. confirm with your broker). 2. The option expires In the Money - Buy back just near expiry to avoid paying excess STT.
Technically, looks good for entry above 307, can see 317 with SL at 304. However, was hearing some news about JLR recall which may have a negative impact on the stock.
The upmove today made it easy to hold on. Now Nifty is near the mid of the range and gave us the scope of 100 points movement either direction on day of expiry. :)
Hi Sonu, Wait for a few days to get a clear picture of Option OI data for the month of Jan. As of now, Jan 6000CE contains the max OI and as such, you may sell Jan 6000CE on rise but may need to switch to a higher/lower call after confirmation of max OI in the coming week.
Good morning Sunil
ReplyDeleteTCS levels pls. intraday.
Good Morning Mahender, Support: 1247, Res: 1270, 1287, 1304
DeleteThank you.
DeleteNifty Levels for day please.
Most Welcome. Nifty Resistance at 5869, 5895, Support 5847
DeleteThank you, LT shows some bounce back.
DeleteMost Welcome.
DeleteJPASSOCIAT Resistence for intraday please.
DeleteNear 99
DeleteOkay Thank you.
DeleteI'm HOLDING a Jan 100CE, shall I book profits on it around 99, or can go up??
No chance for partial profit booking (holding only 1 lot) :)
Please share your thoughts.
In that case would advise to book. May re-enter again on dips after it breaks 102.
Deleteokay, I'll try to book around 99.
DeleteThank u.
Sunil,
DeleteICICIBANK is moving in very narrow range... any reason
Levels for it pls?
Entire markets moving in a small range. Res: 1128, 1139, Sup: 1107
Deleteoh okay
DeleteSunil,
DeleteCan we enter TataMotors ar current levels for jan series?
if so please suggest entry and exit levels.
HI SR,
ReplyDeletePlease let me know if I can sell 5900 call today(CMP:11.00).
Thanks,
Ramesh
Hi Ramesh, Not sure of selling 5900CE as yet.
DeleteThanks SR
DeleteMost Welcome.
DeleteHello SR,
ReplyDeleteGood morning. Holding 5900 put 5 lots..can we see nifty any downside today.
Good Morning Ravii, If Dec series, hold with strict SL above 5874 and try to exit on rise.
Deletegood morning Sunilji
ReplyDeleteis nifty trend still negative? or can we see any higher levels?
Good Morning chippa, Nifty is weak below 5869, but strong support at 5847.
DeleteHi SR,
ReplyDeleteI have a doubt..
If I sell Nifty 5900 put at 11 and if is 9 by tomorrow then I need to buy back them or is there any other thing happens.
Thanks
You need to buy them back, if not, they get squared off automatically at last traded price. Automatic thing will cost you additional charges. Better to but it yourself just 2-3 min before close.
DeleteHi Ramesh, If you sell an option and are in profit, you may book it any time. If you are in profit at expiry, then there are 2 possibilities:
Delete1. The option expires Out of Money - No need to square Off (But pls. confirm with your broker).
2. The option expires In the Money - Buy back just near expiry to avoid paying excess STT.
Good Morning Paritosh :)
Deletethanks SR and Parithosh.
DeleteMost Welcome.
DeleteGood Morning Sunil, Have been away, blessed with a baby girl :)
ReplyDeleteCongratulations on becoming a proud father. May God bless your baby. :)
DeleteCongrats Paritosh.
DeleteThat's great news, more responsibility on your shoulders.
Have fun.
Hi SR, What about SBIN today..? Can u pls suggest up/dwn target..?
ReplyDeleteAbove 2348, can see 2361, 2384.
DeleteSuper ..sir. 1st target meet
Delete:)
DeleteHello Sunil,
ReplyDeleteNIFTY remains me of Aabha. :)
Near expiry ... sudden up move.
great going.
:)
Deletedid smeone mention my name? :-)
DeleteSR sir y the jump? ny news?
did smeone mention my name? :-)
DeleteSR sir y the jump? ny news?
Haha ... :) it's ME :)
DeleteGood to see you dear.
How are you doing?
Hi Aabha, Its a bounce from the support of 5847 which was held 2 consecutive days.
Deletehi sunil.. Is it the right time to short jan CE's
ReplyDeleteHi Dilip, Wait till tomorrow.
DeleteThanks Sunil..
DeleteMost Welcome.
DeleteShall i go long in nifty fut?
ReplyDeleteNo. Not Yet.
DeleteHI SUNIL , CAN 5900 PUT JAN EXPIRY BE BOUGHT AT CURRENT LEVELS FOR ...INTRADAY GAINS?
ReplyDeleteHi Pradip, Not sure as yet. Nifty is in no trade zone between 5895-5948.
DeleteHi sunil , for intra-day gains which is the best chart to be followed and where can we get online?
ReplyDeleteHi Pradip, Can use 5/15 min charts for intraday. Not sure of the websites.
DeleteHi Sunil,
ReplyDeleteCan we enter TataMotors ar current levels for jan series?
if so please suggest entry and exit levels.
Technically, looks good for entry above 307, can see 317 with SL at 304. However, was hearing some news about JLR recall which may have a negative impact on the stock.
DeleteI'll stay away from it for now.
DeleteThank you.
Hi Sunil, Where do you see TCS closing today?
ReplyDeleteNot sure as yet. If it manages to break above 1270, can see 1287.
Deletehi sunil , your views on BHEL can it be shorted ?
ReplyDeleteNo, Can go long on it if it sustain above 232.
DeleteHi Sunilji,
ReplyDeleteToday Europe markets are holiday?
Thanks
Vijendra
Hi Vijendra, Yes, seems European markets are closed today.
Deletecoz : Boxing Day
DeleteSunilji.. Did u exit ur short strangle? Wat are its returns..
ReplyDeleteDid not exit yet. Planning to hold it till expiry if SL is not triggered. Currently its value is near 5, shorted near 55.
DeleteBravo!
DeleteThe upmove today made it easy to hold on. Now Nifty is near the mid of the range and gave us the scope of 100 points movement either direction on day of expiry. :)
DeleteWoW... \m/ \m/. Thats a perfect short strangle.. Great analysis.. Hats off..
DeleteIts at 3 now...You rock sir!
Deletehi Sunil,
ReplyDeleteLevels for BHEL this week?
Hi Mahender, Support: 223, Resistance: 232. A Break above 232 can trigger an upmove to 240.
Deletelevels for icicibank pls... broke 1139
DeleteNext Resistance near 1158-1161
Delete
Deleteah .. great sunil.:)
Can ICICIBANK test those levels in one o two weeks..?
Quite likely if markets remain positive. :)
Delete:) That's right.
DeleteSunil,
ReplyDeletemultiple Levels for Relianc for Jan Expiry?
Please share your thoughts
Is range bound with positive bias with 815-838. Breaking above 838 can see 859.
Deleteokay, thanks.
DeleteSir can we buy JAN 6200 or 6300 CALLs with SL of 5895 .
ReplyDeleteAvoid trading in the range on 5895-5948.
Deletesunil, Where do u see NIFTY close today?
ReplyDeleteNear 5895 - 5900
Deletesir any call or put tht cn b sold for expiry gains?
ReplyDeleteHi Aabha, None as of now.
DeleteOk sirjee, thank you. Do you expect a similar upmove in Nifty tommorow as well?
Delete:) I expected U'll ask Aabha. :)
DeleteCould be quite volatile due to expiry and may try to break out of the range before close tomorrow.
DeleteDo you expect any significant upmove tommrow again in Nifty?
ReplyDeleteholding tata steel shorted at 430. shall i exit today itself or worth holding till tomo?
ReplyDeleteWould be wise to cover today itself, looks positive above 428.
Deleteok thnx
DeleteThanks sunil... again.
ReplyDeletehave a good evening to you and Aabha.
Most Welcome. Thanks and same to you. :)
DeleteSir shall I sell Feb 6100 CALL against my mutual fund portfolio of 3 Lacs.
ReplyDeleteHi Sonu, Wait for a few days to get a clear picture of Option OI data for the month of Jan. As of now, Jan 6000CE contains the max OI and as such, you may sell Jan 6000CE on rise but may need to switch to a higher/lower call after confirmation of max OI in the coming week.
Delete