Market may go up and cheer announcement of Narendrabhai as PM candidature.
But main trend deciding movements will happen later this week first by QE tapering by Mr. Bernanke followed by our RBI Governor on Friday.
Let us not add any new trades and increase the risk, it is better to carry the quantum of risk which we are presently holding.
Normally every month we get at least one block buster trade, for example IDFC in last month, TCS/SBIN in earlier months etc. This month so far there is none and it made difference in trading account.
However, it is better to stay away from market when you don't have any view rather than trading in the direction of hope and losing money.
So hold TCS CALL, BANK NIFTY 10200 PUT etc. Keep averaging NIFTY CALL sell option contracts if you get at higher prices than your last purchase.
For those who want to try hand (luck?) every day can buy OTM PUT of Ambuja cement.
Buy 165 PUT of AMBUJACEM between 1 to 1.30.
Disclaimer: This blog does not take any responsibility of your profit/loss
But main trend deciding movements will happen later this week first by QE tapering by Mr. Bernanke followed by our RBI Governor on Friday.
Let us not add any new trades and increase the risk, it is better to carry the quantum of risk which we are presently holding.
Normally every month we get at least one block buster trade, for example IDFC in last month, TCS/SBIN in earlier months etc. This month so far there is none and it made difference in trading account.
However, it is better to stay away from market when you don't have any view rather than trading in the direction of hope and losing money.
So hold TCS CALL, BANK NIFTY 10200 PUT etc. Keep averaging NIFTY CALL sell option contracts if you get at higher prices than your last purchase.
For those who want to try hand (luck?) every day can buy OTM PUT of Ambuja cement.
Buy 165 PUT of AMBUJACEM between 1 to 1.30.
Disclaimer: This blog does not take any responsibility of your profit/loss
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