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View Full Version : Review of Nifty Options- 10 Dec - Profit - 7200/-


markettrend766
10-12-2008, 05:50 PM
PROFIT FOR THE MONTH NOVEMBER - Rs. 16400/-

REVIEW OF NIFTY OPTIONS – 10 Dec

NIFTY 2500 PUT BUY DEC(BUY) 32-34 (Target1) 50 ( Target 2) 65(Sl) NO SL(BUY 02 LOTS)( HEDGING TO THE 3100 CALL GIVEN ON 08 DEC)(HOLD FOR 10 TRADING SESSIONS)

The call reached our buy level and due to bullish trend in market our strategy has not worked and we advice members to exit the PUT option in tomorrow trade.

Total Loss = 34-34 = 10 X 02(50) = 1000/- (Loss)

REVIEW OF NIFTY OPTIONS – 08 Dec

NIFTY 3100 CALL BUY DEC(BUY) BELOW 40 (Target1) 50 ( Target 2) 65(Sl) NO SL( AVERAGE TO THE CALL OF 05 DEC) (HOLD FOR 10 TRADING SESSIONS)

The call closed in previous session and in today’s trade it made high of 56.5/- and hit our Target1, with profit of 20/- per lot. We advice client s to buy below 40 as an average to 05 Dec call and total lots will be 04 .

Total Profit = 20 X 04(50) = 4000/-

REVIEW OF NIFTY OPTIONS – 05 Dec

NIFTY 3100 CALL BUY DEC(BUY) 35-39 (Target1) 44 ( Target 2) 58(Sl) NO SL( BUY 04 LOTS)(HOLD FOR 10 TRADING SESSIONS)

The in today’s trade call made high of 56.5/- near to our Target2, with profit of 21/- per lot in just 03 trading sessions.

Total Profit = 21 X 04(50) = 4200/-

Profit = 4000+4200-1000 = 7200/-

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Total Profit on Nifty Options till date 25300 /- (for more details check out announcements section or contact desidata@inbox.com )

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