Wednesday 16 May 2012


Open Position : 2 lots 4800 put option long
                          1 lot  4900 put option short

Explanation for this strategy will be given after mkt hour. No more calls for the day.
Nifty has broken the key support levels.
Now we can use a bearish option strategy buy writing(selling) 1 lot 4900 put option at 128.85 and buy 2 lots 4800 put option at CMP 79.
timeframe expiry 
Exit Hero Mot CMP 1871
Buy Hero Mot at CMP 1879 Sl blw 1865 . Buy 66 shs.
Exit bata at CMP 839.50. No open position
Exit Bata @ Rs.838
Bata Partial profit booked.If you are holding bata move SL to Rs.844.00.
Exit Bata Short partially  at 840.50
Change stoploss of Bata to Rs.850
Exit Nifty Fut long at Rs.4849.00 and put option as well .
Short Sell Bata 166 shs at CMP 844.50 sl  abv 856