Sunday, October 12, 2008

PLAY BOTH SIDES

NIFTY FOR 13TH OCT
3020 - 3150 - 3460 - 3640


ALREADY BOOKED PROFIT SUMMARY


DEC 3500 PUT - BOT @ 118
SIMULTANEOUSLY
DEC 5000 CALL - BOT @ 32
118+32= 150
TOTAL MONEY SPENT = 7500

PUT BOOKED @ 200 = 10,000
AND HOLDING 5000 CALL FOR FREE
PROFIT TAKEN 2500 PER LOT

ICICI 700 OCT CALL BOOKED FROM 12 @ 24 = 2100 PROFIT PER LOT
HOLDING TTML 30 CALL IN LOSS
HOLDING NIFTY DEC 5000 CALL @32 FOR FREE
RELIANCE CASH SL HIT WITH LOSS OF 25 RS (EARLIER)

NIFTY CHARTS VERY NEGATIVE
PRELIMINARY TGT 2600 - 2400
(REMEMBER THEY R CHARTS!)
EARLIER TOLD NIFTY 3200 - 3100 (who remembers conferences and pvt msssgs)
I HAVE NO INFORMATION - JUST USING CHARTS AND COMMON SENSE