neneram
Long

Nifty April strategy --- office people

NSE:NIFTY   Nifty 50 Index
Hi All ,
No naked put/call buy /sell , no over leverage

Nifty is in upmove , any pullback will be buy ,
Down side support 11450/11340/11230 , upside targets 11660/11750/11875

Use following strategy :

Buy 11300 APR put @ 120 , 1 lot
Sell 10600 APR put @ 24 , 2 lot (Aggressive traders can sell 3 lots)
Buy 11500 APR call @ 224 ,1lot

Net debit on put is 72 , so when Nifty hits 11650 we will breakeven .
We will square off position at 11740/750 zone
Comment: As mentioned above 11340 was our downside target has come , lets see if it goes to 11230, if it does than we will buy 1 more lot of 11500 call .

Nifty is bullish even it shows 11230 , so its buy only and no shorting
Comment: Folks our position is in profit , Lets see if there is 100 point rally tomorrow.
Infy ,TCS , HCl tech move expected (not very strong ,but nice 30/40 point nifty contribution will be cool)
Comment: 11500 call @ 301 -- profit 77 points
10600 put @ 11 --profit 13*2 = 26 points
11300 put @ 73 -- loss 47

Net profit is 56 points i.e 56 * 75 = 4200 currently per lot ,
lets see next week if we get another 25 to 40 points points we will start booking out.
Comment: There
11500 call @ 351 -- profit 125 points
10600 put @ 11 --profit 13*2 = 26 points
11300 put @ 53-- loss 67

85 points profit is 85*75=6375 currenlty per lot ,
Start booking profits folks start booking
Trade closed manually: closing out , full profit booking done
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out