Diary of Tiger

[Tiger_Trader]

Bought JP Associate July 60 [email protected]

 

[Tiger_Trader]

Bought [email protected], Sold SunPharma@964

In and out of AxisBank for a profit of 2000 odd

 

[Tiger_Trader]

Covered RCOM [email protected]

 

[Tiger_Trader]

Cover [email protected]

 

[Tiger_Trader]

Covered SunPharma@947

 

[Tiger_Trader]

Closing Position

Shorts
AxisBank - 1150,1170,
M&M - 903,939,939,
RCOM - 109, 105.2,113.8,112,118.8,120.5
TataMotors - 309,307,319,312,297
TCS - 1407, 1382,1407,
JSWSteel - 708,672
Sun Pharma - 925,935
Idea - 129
Hindalco - 97.2


Longs
Apollo Tyre - 62,63.5
Tata Steel - 304,294,345,354,371,275.83,266
India Cement - 76,69,66,60.7
Ranbaxy - 388,426,377.54,355.5,346,335
Ashok Leyland - 24,26,28,21.31,20.1
BankofBaroda - 639.50,622.5,603,576.5
FRL - 87
ICICI Bank - 1054,1054.8,1055
Infosys - 2420,2363,2394
IRB Infra - 111.5
TataChem - 302.5,294.25,
Jubl Food - 1064,1011,
SAIL - 54.76,
SBIN - 2053,2053,
Sterlite - 82.4,
Exide - 125.5,125.9,123.5

Options Cost = 36,750
AXISBANK 1300 Call [email protected]
AXISBANK 1240 Put [email protected]
AXISBANK 1240 Put 250@15
ICICIBANK 1000 Put [email protected]
SBIN 2100 Call 125@41
JPAssociates 60 Call [email protected]


Day 1 Score
Intraday Profit 15,150
Overnight Profit 58,626
Other Profit 22,477
Total = 96,253

MTM Profit = -10,22,912


PS: Still need to add my short positions on Maruti and HCL Tech

 

[escape]

Closing Position

Shorts
AxisBank - 1150,1170,
M&M - 903,939,939,
RCOM - 109, 105.2,113.8,112,118.8,120.5
TataMotors - 309,307,319,312,297,299
TCS - 1407, 1382,1407,
JSWSteel - 708,672
Sun Pharma - 925,935
Idea - 129
Hindalco - 97.2


Longs
Apollo Tyre - 62,63.5
Tata Steel - 304,294,345,354,371,275.83,266
India Cement - 76,69,66,60.7
Ranbaxy - 388,426,377.54,355.5,346,335
Ashok Leyland - 24,26,28,21.31,20.1
BankofBaroda - 639.50,622.5,603,576.5
FRL - 87
ICICI Bank - 1054,1054.8,1055
Infosys - 2420,2363,2394
IRB Infra - 111.5
TataChem - 302.5,294.25,
Jubl Food - 1064,1011,
SAIL - 54.76,
SBIN - 2053,2053,
Sterlite - 82.4,
Exide - 125.5,125.9,123.5

Options Cost = 36,750
AXISBANK 1300 Call [email protected]
AXISBANK 1240 Put [email protected]
AXISBANK 1240 Put 250@15
ICICIBANK 1000 Put [email protected]
SBIN 2100 Call 125@41
JPAssociates 60 Call [email protected]


Day 1 Score
Intraday Profit 15,150
Overnight Profit 58,626
Other Profit 22,477
Total = 96,253

MTM Profit = -10,22,912


PS: Still need to add my short positions on Maruti and HCL Tech

Are these real trade or paper trade?
I hope it is paper trade, seeing MTM status.

 

[Tiger_Trader]

Those are real trades, Escape. Honestly, I am not too worried about the MTM loss, since most of it is coming from Longs and most of those prices are not too far away from current prices. Also, I tend to keep taking my profits, so my MTM mostly is in red.

 

[Tiger_Trader]

Nifty is touching the bottom of the down trending channel and also touching its support at 5550. Also, it has support at 5470. RSI has kissed the bottom of the RSI Channel. Invariably, it bounces from here

Considering the long downtrend, I am expecting bounce anytime. Also, considering how heavy I am on longs and shorts, mostly likely I will be playing with positions and removing shorts where ever possible.

Stocks to Watch:

Long Bias

Jubilant Food : Looks like a clear buy for me. If it is weak, will be adding few positions

Infosys: Will want to add if it falls

ICICI Bank: Didnt fall much last few days. Will hold my longs

Exide: Is at its support of 120. Next Support at 115 and it doesnt seem to be in a mood to test it.

FRL - Will look to go long at 80-85 range

Apollo Tyres - May go long at current levels if market holds up.

Short Bias

RCOM : Will look to short closer to 120. Has a solid resistance at 122

M&M: Closed at its support at 931. May add shorts in 950-960 zone. 200 DMA is at 902.

Idea - Will want to go short from around 140 level.


Others

JP Associates: Has support at 51.

Ashok Leyland: Has support at 20.4

TataChem - Has support at 274

JSW Steel : Price action is looking strong. However, I will keep away from it and will try close my short positions.

KTKBANK - Has support at 112 and 104. Dont think it will go below this.

Maruti - Looks like it made the reversal and may be worth trying to buy. Let us see, how it holds itself today

IRB Infra - Has support at 105

Bank of Baroda - May go long at current levels if market holds up.

Havells - Broken down out of its upward sloping channel at 725. May be a good short at that level.

 

[Tiger_Trader]

Bought IRB Infra at 105 and it promptly tanked.