THERE HAS BEEN A RANGE BOUND MOVE IN THE NIFTY FOR LAST 2 DAYS FROM 5630 TO 5730
OPTIONS DATA SHOW THAT NIFTY SETTLEMENT WILL TAKE PLACE ABOVE 5800. KEEPING THIS VIEW IN MIND ONE CAN PURCHASE NIFTY CALL FOR 5700 AND SELL 5700 & 5800 PUT FOR JANUARY SERIES.
HENCE, IN JANUARY SERIES ONLY
MINIMUM RISK AND MAXIMUM RETURN (BEST) IF FOLLOWING THREE ARE ACTED SIMULTANEOUSLY:
BUY CE 5700 AROUND 60-65 FOR TGT OF 100++
SELL PE 5700 AROUND 45-40 FOR TGT OF 0
SELL PE 5800 AROUND 100-110 FOR TGT 0
WHAT IF SETTLEMENT TAKES PLACE AT 5800 OR ABOVE YOU WILL GET 180 RUPEES (40+100+40)= 9000 FOR ONE LOT OF NIFTY OPTIONS
WHAT IF SETTLEMENT TAKES PLACE AT 5700 OR ABOVE YOU WILL LOOSE ONLY 20-25 RUPEES (-60+40)= 1000 FOR ONE LOT OF NIFTY OPTIONS
WHAT IF SETTLEMENT TAKES PLACE BELOW 5700, SELL SHORT 2 LOTS OF 5600CA FOR 100 RUPEES, WHEN NIFTY MOVES BELOW 5700, YOU WILL BE HEDGED & NO PROFIT NO LOSS.
FOR TODAY:
SELL RELIANCE PUT 1000 @30-35 COVER IT AT 7-5 BY MONDAY
OR
SELL RELAINCE PUT 960 @ 12-15 COVER IT AT 1 BY EXPIRY
POST EXPIRY THERE WILL BE SOME WEAKNESS IN THE MARKET AND NIFTY MAY COME DOWN TO 5560-5480 FROM WHERE THERE WILL BE NEW TREND IN THE MARKET. HENCE NO LONG SIDE ROLLOVERS ARE SUGGESTED THIS TIME IN FEBRUARY SERIES. AVOID LONG & SHORT ROLLOVERS IN STOCK & NIFTY FUTURES TILL ANY NEW INFORMATION/VIEW IS UPDATED.
STOCKS TO WATCH TODAY:
TATA COFFEE FOR SHORT TERM TARGET OF 1000++++
ITC FOR ITS RESULT TODAY. MAY GO ABOVE 175+++
TCS FOR SHORT TERM TARGET OF 1230-40-60++++
RELIANCE FOR SHORT TERM TGT OF 1030 ABOVE 980 (CLOSING BASIS)
MPHASIS (699) TGT 710-740++++ VERY SOON
OPTIONS DATA SHOW THAT NIFTY SETTLEMENT WILL TAKE PLACE ABOVE 5800. KEEPING THIS VIEW IN MIND ONE CAN PURCHASE NIFTY CALL FOR 5700 AND SELL 5700 & 5800 PUT FOR JANUARY SERIES.
HENCE, IN JANUARY SERIES ONLY
MINIMUM RISK AND MAXIMUM RETURN (BEST) IF FOLLOWING THREE ARE ACTED SIMULTANEOUSLY:
BUY CE 5700 AROUND 60-65 FOR TGT OF 100++
SELL PE 5700 AROUND 45-40 FOR TGT OF 0
SELL PE 5800 AROUND 100-110 FOR TGT 0
WHAT IF SETTLEMENT TAKES PLACE AT 5800 OR ABOVE YOU WILL GET 180 RUPEES (40+100+40)= 9000 FOR ONE LOT OF NIFTY OPTIONS
WHAT IF SETTLEMENT TAKES PLACE AT 5700 OR ABOVE YOU WILL LOOSE ONLY 20-25 RUPEES (-60+40)= 1000 FOR ONE LOT OF NIFTY OPTIONS
WHAT IF SETTLEMENT TAKES PLACE BELOW 5700, SELL SHORT 2 LOTS OF 5600CA FOR 100 RUPEES, WHEN NIFTY MOVES BELOW 5700, YOU WILL BE HEDGED & NO PROFIT NO LOSS.
FOR TODAY:
SELL RELIANCE PUT 1000 @30-35 COVER IT AT 7-5 BY MONDAY
OR
SELL RELAINCE PUT 960 @ 12-15 COVER IT AT 1 BY EXPIRY
POST EXPIRY THERE WILL BE SOME WEAKNESS IN THE MARKET AND NIFTY MAY COME DOWN TO 5560-5480 FROM WHERE THERE WILL BE NEW TREND IN THE MARKET. HENCE NO LONG SIDE ROLLOVERS ARE SUGGESTED THIS TIME IN FEBRUARY SERIES. AVOID LONG & SHORT ROLLOVERS IN STOCK & NIFTY FUTURES TILL ANY NEW INFORMATION/VIEW IS UPDATED.
STOCKS TO WATCH TODAY:
TATA COFFEE FOR SHORT TERM TARGET OF 1000++++
ITC FOR ITS RESULT TODAY. MAY GO ABOVE 175+++
TCS FOR SHORT TERM TARGET OF 1230-40-60++++
RELIANCE FOR SHORT TERM TGT OF 1030 ABOVE 980 (CLOSING BASIS)
MPHASIS (699) TGT 710-740++++ VERY SOON
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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