Nifty Short Strangle of 6000CE and 5800PE initiated near 55 on 12/12/12 gains 100%. Those holding may book profits or may even let it expire (pls confirm with your broker). :)
Hi SR, Good Morning Perfect prediction for your Short strangle, learn and verified the trick during my one yr. stock mkt.experience. Superb,Great!!! Seems difficult to breakout the range for Nifty today also.
Thanks sir, The whole next week will not be available to join you,will be out of Kolkata and resume on 7th. Tomorrow will be here. Not entered any trade today.
dear sunilji what do you say about Lanco Infra? can i enter it for a 2-3 weeks time? i saw in cnbc that it will give 50% returns in coming days...pls advise
ok..thnx sunilji..finally i've decided to go with SUN PHARMA. January fut now priced @ 758. I am confirming by asking you again, can i enter at cmp? or wait for further dip in it?
Sir this was regarding my mutual fund investment (3 Lacs ) with profit of around 10% . Can I make a position using Call Options and book the profit in mutual fund . So that my money is free and with nominal 6% interest (i.e. 1500/- per month aprrox.) I can buy Feb / March Calls . So that I do not miss out the upper Rally in coming months . This way my capital and profit will also be freezed . Please advice .
Hi Sonu, First you need to decide whether you want to invest in the stock market for long term or short term. In case you decide for long term, then continue with your sip in mutual funds and forget about hedging as hedging costs are high and would bite into your long term profits. If your outlook is for short term book profits in your mutual funds and switch to short term trading on select high beta scrips. Always remember, its impossible to time the markets, so do not buy calls and hold hoping for a rally. Enter calls or puts only after detailed analysis with proper risk management techniques.
Good morning Sunil
ReplyDeleteIntraday Levels for TCS and JPAssociate, please?
Thanks
Mahy
Good Morning Mahender, Above 1270, TCS can see 1287, 1304. JP has resistances near 99, 100, 102. Breakout above 102.
DeleteThank you Sunil.
ReplyDeleteMost Welcome.
DeleteNifty Short Strangle of 6000CE and 5800PE initiated near 55 on 12/12/12 gains 100%. Those holding may book profits or may even let it expire (pls confirm with your broker). :)
ReplyDeleteWOW...
DeleteGreat Going Sunil.
Booked 21% profits on Tatamotors.
Thanks Mahender. Nice :)
DeleteVery GooD Morning Sunil :).. Please let us know, the right time to short Jan CE's.. As said yest, that's truly a Great strangle.. Thanks..
ReplyDeleteGood Morning Dilip, Most Welcome. Will surely short Jan Options once the range for the series is clear. (Jan is a long series)
DeleteGood Mornig Sunilji
ReplyDeletecan i enter tata steel january futures at cmp?
Good Morning chippa, Enter on dips near 428-429 for target of 439-40 or enter once it breaks above 441 for target of 453-455
Deleteok..thnx very much for ur suggestion sunilji
DeleteMost Welcome.
DeleteHI SUNILJI, GOOD MORNING.
ReplyDeleteGood Morning Sai :)
DeleteHi SR, Good Morning
ReplyDeletePerfect prediction for your Short strangle, learn and verified the trick during my one yr. stock mkt.experience. Superb,Great!!!
Seems difficult to breakout the range for Nifty today also.
Good Morning Krishna, Thanks for your kind comments. :)
DeleteOverall Nifty looks weak in Intraday and may head to 5847 levels but still waiting for confirmation to break below 5895.
ReplyDeleteNifty tests 5895 ...
DeleteNifty still holds 5895 on hourly closing ...
DeleteNifty fails to hold below 5895 on hourly closing ... Likely to see a sharp decline.
DeleteThanks sir,
DeleteThe whole next week will not be available to join you,will be out of Kolkata and resume on 7th.
Tomorrow will be here. Not entered any trade today.
Hi SR, good morning..can i enter LT 1600pe@cmp
ReplyDeleteHi subin, Avoid going short till it breaks below 1604.
Deletethanks sir...
DeleteMost Welcome.
DeleteHi SR,
ReplyDeleteCongrats on your nifty strangle!
how much margin will be blocked by Zerodha for shorting a pair of options ?
Hi Ram, Thanks. Was in the range of 35-40k for a pair using zerodha.
DeleteThanks SR.
DeleteKindly let us know when you enter Jan series strangle.
Most Welcome. Sure, Will post immediately after confirmation.
DeleteHi SR, Is that for 1 lot on each side of Nifty.
DeleteHi Ramesh, That is for a option pair. You may confirm the span margin requirements from your broker.
DeleteSunil,
ReplyDeleteLevels for INFY pls. (multiple support and Resistence)
Mild Bearish below 2332. Resistance near 2332, Supports: 2290, 2269
DeleteThank you Sunil.
Deletecan JPASSOCIAT test 105 in coming week? (probability pls)
Most Welcome. Seems unlikely. Major resistance at 102.
DeleteThank you Sunil.
DeleteEURO may open higher ... second half seems to be green in india. :)
Sir can I sell JAN 6000 Call now (Against Mutual Fund Portfolio) .
ReplyDeleteHi Sonu, Can do that, but keep track of Max OI in calls and may need to adjust position appropriately.
Deletehi Sunil ,can we buy BHEL FUTURES at CMP for intraday gains?
ReplyDeleteHi Pradip, No, Enter above 232
Deletedear sunilji
ReplyDeletewhat do you say about Lanco Infra? can i enter it for a 2-3 weeks time? i saw in cnbc that it will give 50% returns in coming days...pls advise
Hi chippa, Not sure of 50% returns, but looks positive, can enter on dips near 13.2 for targets of 14.3, 14.9 keeping sl at 12.6
Deletethnx a lot
DeleteSir can i short nifty fut @ 5960 with sl 5965 in spot for a tgt 5850 in next week.
ReplyDeleteHi Yogi, Either short higher near 5920 with sl above 5951 for target of 5847 or short below 5869 with sl above 5895 for target of 5797.
Deletesunilji
ReplyDeleteis it a good idea to enter JINDAL STEEL Jan fut at cmp? i want to hold it for 2-3 weeks time..
Hi chippa, Not yet. Lets wait for a positive close above 469 on it. Then we may enter on dips.
DeleteGOOD AFTERNOON SIR, CAN I TAKE ANY POSITION IN OPTION SEGMENT OF ANY STOCK FOR A DECENT RETURN? THANKS..
ReplyDeleteGood Afternoon Arjun, Wait till Monday to enter Jan Options.
DeleteTHANK U SIR...WILL DO.
ReplyDeleteMost Welcome.
Deleteok sunilji
ReplyDeletewhat do you say about SUN PHARMA..? Can I enter its Jan fut for 2-3 weeks time? Sorry to bother you by asking so many questions....
No issues. Sun pharma may be entered with sl below 735 for targets of 775, 790. All are spot prices.
Deleteok..thnx sunilji..finally i've decided to go with SUN PHARMA. January fut now priced @ 758. I am confirming by asking you again, can i enter at cmp? or wait for further dip in it?
DeleteMost Welcome. 744-749 on spot seems to be good entry levels
Deletealright..thnx dear
DeleteThank you Sunil.
ReplyDeleteHave a nice evening.
Most Welcome Mahender, Thanks and you too. :)
DeleteSir this was regarding my mutual fund investment (3 Lacs ) with profit of around 10% . Can I make a position using Call Options and book the profit in mutual fund . So that my money is free and with nominal 6% interest (i.e. 1500/- per month aprrox.) I can buy Feb / March Calls . So that I do not miss out the upper Rally in coming months . This way my capital and profit will also be freezed . Please advice .
ReplyDeleteHi Sonu, First you need to decide whether you want to invest in the stock market for long term or short term. In case you decide for long term, then continue with your sip in mutual funds and forget about hedging as hedging costs are high and would bite into your long term profits. If your outlook is for short term book profits in your mutual funds and switch to short term trading on select high beta scrips. Always remember, its impossible to time the markets, so do not buy calls and hold hoping for a rally. Enter calls or puts only after detailed analysis with proper risk management techniques.
Deleteplease advice is it right time to short nifty and buy puts.i am in heavy loss now.help me.
ReplyDeleteNifty may be shorted below 5869 with SL above 5895 for targets of 5797, 5744. Keep qty low until nifty gives a close below 5847.
Deletethanks a ton sir.good night.
ReplyDeleteMost Welcome. Good Night.
DeleteSunil, Where i can download 5 year stocks historical data with ISIN Code..?PLease help..?
ReplyDeleteHi josh, you may download historical data from exchange website and can check ISIN code of stocks from nsdl or cdsl
Delete