Panda among bears and bulls

Will be starting small-with 15000 rupees only.
Will play only Nifty-currently options, later futures.
Will post results here.
-Panda

They say you have to pay tuition fees to the market before you earn wealth. I hope to get a scholarship

PS:I am not following any strategy. So please do not follow my trades, as you will almost certainly lose money.

manoranjan,

A Warm Welcome to the Forum.Plz give an honest attempt,no 'Dhaikiri kiri' (Oriya lingo),we can wait.

Asish

Panda move number One
Buy Nifty CE 2800 Dec @235.5 Time:14:42, 17-11-08
Breakeven, including brokerage is at 240.
Currently Panda is in Tarzan mood, so will be swinging around(trading) without any safety nets(Stop Loss).
-Panda

Panda move number One
Sold Nifty CE 2800 Dec @258 Time:15:01, 17-11-08
Expected profit (including brokerage)=950 tanka (Oriya for rupee)
-Panda

Nice trade panda nice commentary too can't stop laughing

Panda move number Two
Buy Nifty CE 2700 Nov @131.5 Time:13:11, 18-11-08
Breakeven, including brokerage is at 135.
-Panda
PS: Two lots.

Panda move number Two
Sold Nifty CE 2700 Nov @154 Time:13:48, 18-11-08
Expected profit (including brokerage)= Rupees 2000
-Panda

Panda move number Three
Buy Nifty PE 2700 Nov @131 Time:14:04, 18-11-08, 2 lots
Breakeven, including brokerage is at 134.5.
-Panda
PS:Had earlier written PE 2800 instead of PE 2700. Thanks to jnj333 for pointing it out.
Also had not mentioned the nember of lots. Added that too.

2800 Nov PE, days low is 140, how did you buy it 131, at 14.00 it was around 160, is there a typing error in your message?

Panda move number Three
Sold Nifty PE 2700 Nov @137 Time:1432, 18-11-08, 2 Lots
Expected profit (including brokerage)= Rupees 300
-Panda