After closing this month in profit, be very careful in next month. It is budget month, expect very high volatility. Practically budget will be after February expiry but traders will align their positions in anticipation of budgetary provisions.
FOMC meetings, Delhi election results will add to the volatility. No position should be naked this month.
Keep booking small profits.
I will try to update blog very regularly.
Our three trades (strategies) for next few trading sessions are as follows.
1) RPOWER Strategy which was blogged yesterday.
2) TATAMOTORS:
Stock is in uptrend.
Buy 600 CALL
Sell 630 CALL and Sell 570 PUT
At least in the beginning no premium should be paid from the pocket. If stock crosses 609-610 in cash, it will reach 630 in short time.
3) INFY:
Due to FIIs inflow and other obvious reasons Rupee will be appreciated till 60/-. IT stocks might not do well.
Buy 2100 PUT of INFY and sell 2000 PUT of INFY.
Maximum loss could be around 5000/- and maximum profit potential 19000/-
Disclaimer: This blog does not take any responsibility of your profit/loss.
FOMC meetings, Delhi election results will add to the volatility. No position should be naked this month.
Keep booking small profits.
I will try to update blog very regularly.
Our three trades (strategies) for next few trading sessions are as follows.
1) RPOWER Strategy which was blogged yesterday.
2) TATAMOTORS:
Stock is in uptrend.
Sell 630 CALL and Sell 570 PUT
At least in the beginning no premium should be paid from the pocket. If stock crosses 609-610 in cash, it will reach 630 in short time.
3) INFY:
Due to FIIs inflow and other obvious reasons Rupee will be appreciated till 60/-. IT stocks might not do well.
Buy 2100 PUT of INFY and sell 2000 PUT of INFY.
Maximum loss could be around 5000/- and maximum profit potential 19000/-
Disclaimer: This blog does not take any responsibility of your profit/loss.
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