BANK NIFTY

Bank NIFTY
Buy 19400 CALL of  BN at around 5.10. Buy in multiple lots.
This is a lottery trade.
Disclaimer: This blog does not take any responsibility of your profit/loss

Two trades for next couple of days

NIFTY is at resistance level, but good monsoon, GST rumor should take it near 8880-8890.

Buy Ajantpharm future between 1622-1623 in future, SL 1599, Target 1638/1652/1670
Buy ICICIBANK 270 CALL @ 7 target 9.5/12.3/14.20 SL 4/-

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

Two trades.

Two promising trades for next couple of days:

Buy UPL 580 CALL between 10.50-11.00 SL 5/- Target 13/15/19
Sell TATAELXSI  Future SL 1725 Target 1600/1578

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

Trades for next two/three days

The general trend is up.
FIIs are buyers one day and net sellers on another day. No consistency.  Result session will decide further direction of the market. Good monsoon must be already priced in but monsoon session of Parliament will keep traders upbeat.

TATAMOTORS
Buy TATAMOTORS  470 CALL above 12.50.
Sell 500 CALL around 4 /-
Sell 430 PUT around 3/-

Hold the trade with SL for 470 CALL around 7/-.
One can even hold "500 CALL sell contract" and "430 PUT sell contract" after exiting 470 CALL at SL for couple of days to reduce the loss, if any.

Book profit when 470 CALL is near 28/29

If adhered to SL, loss would be negligible.


Axis Bank

Buy Axisbank 550 CALL around 15 or at least make sure it is trading above 12.25. Sell 580 CALL at 5/- and sell 500 PUT at 3/-
Exit the trade if 550 CALL goes below 5/-

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

HDFC BANK

HDFC Bank

Buy 1180 CALL between 24.20 and 26.20.
SL 10. Hold with trailing SL. This stock is being traded in uncharted area and has huge potential.

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

Trades for next couple of days

FIIs bought today.
NIFTY is continuing upward momentum. Hope rally.

Apollotyre:
Buy 160 CALL between 5.50 and 5.80 for target above 9/-; SL 2.50. Hold this trade with trailing SL for couple of days.

Reliance:
Buy Future above 995 and buy 990 PUT simultaneously.
Maximum loss possible could be around 12-13K but potential of unlimited profit. Hold this trade with SL (in future) 975/-. Target 1050/-

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

Trades for 4 July 2016

NIFTY has given breakout.
FIIs were sellers.
Is this a false breakout?
But let us stick to the technical theories.

Sell 2 lots of NIFTY 8400 PUTs.
This will collect premium around  22 K

IDFC is showing promise.
Sell IDFC 47.5 PUT around 1.30-1.40. Target 1.90/2.10/2.80  SL 0.90

DishTV
Buy DishTV 100 CALL between 4.75-4.95
Target 5.65/7.2 SL 3.2

Exit all trades generally at EOD, even if profit target(s)/SL are not hit.

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