NIFTY Options Trading by RAJ

Perfect Chance and PLACE to SELL....

wrong hunch that because of Friday profit booking can come.

nevermind...I can never be always correct...

May be and even as per chg in 6200 ce oi, the level looks as a resistance for spot.
But just look at the price action..looking very bullish and about to BO.

thanks.

MAX OI changed to 6000-6500 from 6000-6300. But DEC-13 Series TOP has been changing from 6300 and 6500. But for Today I think it will not cross 6200.

No no no.... pls do not read my words that way.

Its a general feeling in public and TV's that Fridays can see profit booking. I wan to say that its just a intuition rather than fact.

No one can always be right. And I am wrong most of the times.:thumb:

Booked one lot at 6208...holding other at CTC SL

it is ok Mohan...I try to keep an open view...

Other Lot also CLOSED at CTC

Final check on NIFTY

In the 30 minutes the Trend is DOWN. But the FLAG does not indicate anything decisively. In the 60 minute chart there is still not SELL signal. The Last three days have been Choppy and Narrow Range. So next week we should get some Trending opportunities.

I have closed my SELL positions. Will take a SELL position below 6153 or when I see a Sell signal in the 60 minute chart.

Bought 6000PE @ 58.5 near 6180 and closed @ 62 - 3.5 points profit. Nothing much but at least in Green.
Bought MCDOWELL-N Put and got some 6 points

For this month going to Try some Stock Options. Friends, Please Let me know which Stocks are good for Option Trading