nifty trading range? for the next

casonite

Active Member
#2
What do you think you should do? The fact that you're still holding the lot after loosing 2/3 of its value tells me that you're now holding it only on the hope that nifty may jump from here. No one can predict and maybe Nifty may jump from here but logic says you should have dumped it long ago.

Nifty has reversed the short term up trend and looking at the economic scenario around the world possibility is that nifty may go down a bit further or trade in a range.

I cannot give you precise advise because i lack credentials of a good trader but my experience tells me to get out of a loosing trade asap. I learnt this only by committing trades like these so i can understand your situation here but markets are brutal and we need to be strong enough to realise that we will make mistakes and will have to take losses. No one can say he never had a loosing trade ever.

Regards
Nitin
 
#3
i buy nifty 5500 call at 75 and today it goes down to 25 should i exit or what?.:eek::eek::
The very first thing is that whenever i bet @ options then i don't forget to consider INVESTMENT = ZERO i.e. RISK OF LOOSING ALL THE INVESTMENT IS ALWAYS THERE. So, one can invest in chunks @ options...

IF U R STILL HOLDING THE 5500CE then have some guts to hold till expiry
I m sure that table will turn next week i.e. u will get ur price along with PROFITS in hand. I think that there is nothing much left to loose now. Rest is ur wish.

If u can't afford loss then EXIT @ 5349 OR 5329 (SPOT).
Rest, market is always rewarding when u can point the lows & highs.
 

TraderRavi

low risk profile
#4
The very first thing is that whenever i bet @ options then i don't forget to consider INVESTMENT = ZERO i.e. RISK OF LOOSING ALL THE INVESTMENT IS ALWAYS THERE. So, one can invest in chunks @ options...

IF U R STILL HOLDING THE 5500CE then have some guts to hold till expiry
I m sure that table will turn next week i.e. u will get ur price along with PROFITS in hand. I think that there is nothing much left to loose now. Rest is ur wish.

If u can't afford loss then EXIT @ 5349 OR 5329 (SPOT).
Rest, market is always rewarding when u can point the lows & highs.
...right, options are pure speculation............either one should exit @ 25% loss or hold till gain/expiry.....no point after 75% loss...
 

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