hi,
Same thing continues tomorrow.Keep your calls on hold we are sure to get rise tomorrow but as i said if u are on naked call buy u need to exit @ close below 4715 like levels as stop loss.Those who have written 5100 call will have luxury to hold call buy as equal and opposite trade.
rest lets see what setup emerges.
Hello WB Ji, I shall attempt to go long with 4900 or 4800CE @ 4720 with a SL of just 10 points...if that happens. That would be less risk strategy. It seems NF can touch this support level as Global cues are -ve, but our FII have bought in normal quantity as well as they are also long in index future. So we should catch this opportunity.
ReplyDeleteyour call writing strategy are good,but it block capital..upto 25k and waiting period is more.
ReplyDeleteplz can u mention some trade in intraday or positional with s.l and target.
thanks in advance
maxy
have good friday...each day
m
@Bulan:- good trade.must had been nice entry.was sure of 4690 being holded.
ReplyDelete@maxy - sorry my problem is not able to have access to blog during day time if u had read my previous post i had advised to buy call.
THere was the need to write 5100 call to have a backup in case of mad reversal.Last time i had done the same so somehow i was saved by the surprise fall when people realized that it was a fall at the bottom.so such surprises should not be ruled out.