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...!
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Hi Lincon,
Please help me.
My transaction is as follows :
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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.
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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.