Nifty : Real time discussions...! Part 2

#2
Re: Nifty : Real time discussions...!

Hi,
im new to traderji and need some help with my positions in the futures market....i have 3 long positions in crompton greaves@ 165, south indian bank @ 27.45 and m&m @ 700 all march series , i am running in huge losses and booked two of my long positions in gmr infra and sintex in huge losses....can anyone help? tnx
 
#3
Re: Nifty : Real time discussions...!

Dear Seniors,

I am Long in NF @ 5330.0 for target of 5365.0, SL = 5300.0

Any suggestions please...?

Thanks,
Coriolis3
 
#5
Re: Nifty : Real time discussions...!

My analysis on NIFTY today
Trend : DOWN
Call Price : 5495.9

Current market price : 5275.30

Earlier target achieved @ 5370.84 in 3 Days
Next Target : 5245.78
Time Frame : 2 Days
 
#6
Re: Nifty : Real time discussions...!

Considering major sup at 5175-5180 level went long at 5195 (min risk ..SL at 5170). NF will face stiff res near 5320 levels....IMO might see a dip again only to revive the rally with greater force......BUY on DIPS till 5170 :cheers:
 

raj0

New Member
#8
Re: Nifty : Real time discussions...!

This thread is open to all to post their trades and views, but we will try to restrict trades to NF / NO only.

Personally i would like to hear the reason for the trade as that can give us an insight on the thought process of the trader.

Just one word of advise to all traders...

Price is just a transaction between a seller and a buyer. The seller feels price is over-valued, while buyer feels its under-valued and at the point of transaction, both has valid reasons based on their analysis to think the way they are thinking... Only time will tell if the analysis is right or wrong. A smart trader will accept he is wrong and align himself accordingly. A novice one will start fighting the market and cry his heart out and call the market irrational / crazy.

Market is all about traders making trading decisions and only on hindsight we know if a trade will work. At the point of initiation, all trades has equal chance of hitting SL...!

---------------------

Hi Lincon,

Please help me.

My transaction is as follows :

-------------------------------------------------------------------

28th June (First day of July expiry)
Strike price - 5100
I buy Put
Premium price - 51.50
Lot size - 250

I havent hedged my position by taking Call on other side.

-------------------------------------------------------------------

From the 28th June, NIFTY is going up. Now, its trading 5292.
Currently, the 5100 Put Option price is 30.85


What should I do now. Well, I have a month for expiry.

Any sentiments that NIFTY can come down ??? If yes, how much point can it go ??


Thanking in advance.

Best Regards,

Raj.
 

linkon7

Well-Known Member
#9
Re: Nifty : Real time discussions...!

---------------------

Hi Lincon,

Please help me.

My transaction is as follows :

-------------------------------------------------------------------

28th June (First day of July expiry)
Strike price - 5100
I buy Put
Premium price - 51.50
Lot size - 250

I havent hedged my position by taking Call on other side.

-------------------------------------------------------------------

From the 28th June, NIFTY is going up. Now, its trading 5292.
Currently, the 5100 Put Option price is 30.85


What should I do now. Well, I have a month for expiry.

Any sentiments that NIFTY can come down ??? If yes, how much point can it go ??


Thanking in advance.

Best Regards,

Raj.

Raj,

The damage is already done...! You had a gut feeling that market will head lower and u purchased puts.

When market proves my analysis wrong and I accept the loss and look for fresh trade.

HOPE is worse that greed and fear....! There is always room for hope....! market drives on sentiments. For every smart buyer there is a seller who thinks he is equally smart and is getting the best possible value for his transaction. Untimately one is proven right. The other has to realise and accept that his view is proven wrong and get out of the trade.


bottom line... get out of the trade... and accept market's judgement as final. If you see weakness, buy puts again...!
 

Similar threads