Update

Booked descent profit in Infosys PUT.
Holding NIFTY 5600 PUT.
Hoping to correct the market bit more before trend reversal.
TCS hedged strategy is still going good and I may not think of doing any adjustment still it goes below 1260 in cash EOD basis. Results on Friday. Keeping fingers crossed. 

Update on my strategies,

Booked descent profit today in RELINFRA bear spread strategy.
Market shown reversal today.
Holding INFY put which bought yesterday @ 49 and few NIFTY PUT of 5600 @ 38.
Hoping market to correct a bit and Infosys to show reversal as it shown during last three quarterly results days. I  expect it to reach 2350 tomorrow at least as a spurt and targeting 2350 PUT to reach about 98-100.
But clearly this is bull market and I shall exit short position of INFY if in case it continues to move north EOD tomorrow.

Prepare for next move

Market gone down and I am holding my trades.Saturn and Mercury are in close proximity. Let us follow market and star movements.
Infosys PUT 2350 is worth buying at Rs. 50. One should exit immediately after results.

Update

I am continuing with all my trades. Most of the positions turned in to profit. Only loss in TCS strategy, but still worth holding.

Mercury and Saturn

I was expecting some kind of event in market as Mercury and Saturn were in close proximity. Precisely same thing happened when they were within zero degree at around 10 am.
Market normally go down in this situation.

And loss goes up!

My total loss today went up. It is about Rs. 10000/-. Added two lots of 5600 put. Still holding all positions.

Progress on proposed strategies so far??

Market is still moving up as against my expectation. Though I was never bearish on market was expecting 100 to 150 points correction.
This has not happened yet and I am making loss of about Rs. 7000/-. I will still hold the positions and update periodically.

Contract	Trade	Open Position Qty	Open Position Value	Open Position Avg. Price	LTP	Profit/Loss Unrealized	Profit/Loss Realized
FUT-TCS-29-Nov-2012	Buy	250	333212.50	1318.95	1331.00	3012.5	-198.76
OPT-TCS-25-Oct-2012-1350-CE	Sell	-250	8312.50	33.25	42.20	-10550	8199.85
OPT-RELINFRA-25-Oct-2012-640-CE	Sell	-500	2000.00	4.00	4.20	-2100	1891.76
OPT-RELINFRA-25-Oct-2012-480-PE	Sell	-500	3500.00	7.00	4.50	-2250	3390.63
OPT-RELINFRA-25-Oct-2012-540-PE	Buy	500	14625.00	29.25	19.40	9700	-14740.26
OPT-NIFTY-25-Oct-2012-6000-CE	Sell	-100	1700.00	17.00	14.90	-1490	1485.53
OPT-NIFTY-25-Oct-2012-5600-PE	Buy	100	6155.00	61.55	30.15	3015	-6372.07