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Buy Nifty 4800 PE (July) at CMP

From : Suresh Rao at 06:19 PM - Jul 08, 2011 ( )
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Buy Nifty 4800 PE (July) at CMP

Targets later...




In Reply to above Message (1 to 15 out of 15) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

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From : Pawan Tayal at 09:46 PM - Jul 11, 2011 ( )


I SUGGEST BUY 5500 ONE LOT ONLY AND DONOT WASTE MONEY IN 4800-4900-5000 PUT 2 LOT EACH, IF NIFTY COME 4800 THEN I LOT OF 5500 IS SUFFICIENT TO FULL PROFIT





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From : Suresh Rao at 06:55 PM - Jul 11, 2011 ( )


Market still looks negative and strong downtrend is expected. Once, market breaks the support level 5600, it will fall further down.





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From : Suresh Rao at 12:32 PM - Jul 09, 2011 ( )


4800 - 2 lots

4900- 2 lots

5000- 2 lots





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From : Vivek Singh at 12:31 PM - Jul 09, 2011 ( )


how many lots do u plan to buy





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From : Suresh Rao at 10:50 PM - Jul 08, 2011 ( )


Kiran,

I follow a different strategy. Low risk and moderate profit.

4800 put is at very cheap price now 1.30. While it is not very certain that nifty will cross 4800 by expiry, it is expected to touch at least 5100 levels. So the price of 4800 option will raise substantially. We can take exit call based on the market condition at that time.

End of the day we all work for profits.





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From : Kiran Kumar at 10:37 PM - Jul 08, 2011 ( )


good call, im with u, nifty will come to 4900 levels in a short period,

but buying 4800 put at this stage is a  very early call suresh, that too option?!!!

its better to wait.

Professional traders will not buy 4800 put now. 

options is all about timing/time factor.

 

 





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From : Suresh Rao at 09:30 PM - Jul 08, 2011 ( )


CMP is 1.35 4800 PE and 2.00 4900 PE





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From : Jitesh Khagram at 09:17 PM - Jul 08, 2011 ( )


what is current price, sir ?





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From : Suresh Rao at 09:10 PM - Jul 08, 2011 ( )


Thanks Ashish.





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From : Ashish Yadav at 08:58 PM - Jul 08, 2011 ( )


very gud  suresh





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From : Suresh Rao at 08:42 PM - Jul 08, 2011 ( )


Rakesh,

There is always risk involved in stock market. To answer your question, I see there is a heavy fight between bulls and bears. Nifty is currently testing the resistance level of 5700. I'm negative about Nifty breaching this resistance level. I believe in the near future, nifty is going to fall towards support levels 5550, 5300, 5100,....

If you are willing to open a sell position and hold, instead of futures, I suggest you buy Nifty July 4800 Put option. Your total risk is not more than Rs.100-200 per lot. Profits are unlimited.

 





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From : Rakesh Padhi at 08:30 PM - Jul 08, 2011 ( )


Do you see any risk if i Sell 2 lots of Nifty August @ current price ?

Thanks,
Rakesh.





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From : Suresh Rao at 07:48 PM - Jul 08, 2011 ( )


While it is true that anything is possible in this world, I don't see any technical reasons for the market to fall to 5000 at this time. Does that answer your question?





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From : Suresh Rao at 07:36 PM - Jul 08, 2011 ( )


Karai,

I'm sorry; I'm unable to understand what you're specifically asking. Please be little more clear. Thanks





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From : Guddu Jain at 06:21 PM - Jul 08, 2011 ( )


NICE CALL I APPRECIATE




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