Madhav Magic

[madhavareddy1203]

While discussing Options with a Senior member here it came out that in Options he uses double parameters for SL!! He has a Percentage based SL and also Nifty level based SL whichever triggers earlier he is out!! Similarly he also has Target levels!!

Actually for me also SL based on Nifty SPot only. Thats why i asked to keep 20 pts SL. And i will move SL depending upon nifty spot moment. I will follow all moments.

 

[rh6996]

Actually for me also SL based on Nifty SPot only. Thats why i asked to keep 20 pts SL. And i will move SL depending upon nifty spot moment. I will follow all moments.

If the SL is 20 points of Nifty Spot then it is nothing, it cannot amount to Rs.20000 in 10 lots!!!

 

[madhavareddy1203]

@RH...

U r not understanding....

I will keep 20 pts SL in options only.. Plz dont worry about SL.. If i found against my moment then i will ask to exit with 10 pts SL also.....

u can understand easily with my live calls. Plz wait. Dont tense.

 

[rh6996]

@RH...

U r not understanding....

I will keep 20 pts SL in options only.. Plz dont worry about SL.. If i found against my moment then i will ask to exit with 10 pts SL also.....

u can understand easily with my live calls. Plz wait. Dont tense.

Now understood!!!

 

[madhavareddy1203]

Time:13:04
buy nifty 5000ce@154
target : 174
164-169-174
sl:144
all the best

 

[madhavareddy1203]

Time: 01: 23
Up to now High 158. Low 148.
Hold with 144 SL

 

[madhavareddy1203]

Time: 01: 33
Exit all @144.

 

[rh6996]

SL hit, exited entire qty.!!!

 

[madhavareddy1203]

Our SL hit. 10k Loss. Current price 146

 

[madhavareddy1203]

Yes exit all..