Sunday, 16 February 2014

Update and NIFTY

Exit ICICI bank and TCS strategies.
One may start partial withdrawal with very limited risk.In ICICIBANK, exit 4 lots of 1020 CALLs, hold one lot. Hold 960 PUT and exit at 6-8 level.Exit future.

In TCS exit 4 lots of 2200 CALLs and hold one lot. Book profit in 2050 PUT.

Book profit in 2150 CALL.
I must admit both ICICI and TCS were not successful and there could be marginal loss. Better to exit tomorrow and do something else than hoping against hope for these two trades to work in our favor before expiry.

NIFTY
Sell 5900 PUTs of February expiry in the range of 22-25.

Disclaimer: This blog does not take any responsibility of your profit/loss

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