Hi all---respected seniors and juniors---
I am trying to start a intraday option trading pick---Hope seniors and knowledgables would take active part in it----and rectify if there r some flaws in my picks-----
One of my favourite scrips--which I have time tested with sweet and sour experiences is NTPC----
EVEN with todays boyant market----NTPC 90 PUT was poised in a sweet trading range between Re.1 to Rs.1.75,Closing at 1.2
I presume--- a fall once in the market when occurs tomorrow---can take this price ---to around 1.6---1.8----Remember----Those who have general terms of brokerage should at least have 50p difference---to see some profit----I have myself bought this PUT at 1.05----
If MArket rise----and NTPC price increases to around 92.75--93----NTPC PUT can fall to the level of 75---80 paisa-----As per my opinion it would be the best time to take the bet----and then get out with the falling NTPC price----with a difference money of 50paisa----
The general feeling inthe market is NTPC should rise----This is a bet against general public opinion---
Please Newbies----Plz never rush----and be very careful------A bit of miscalculation-----can easily make a loss of 1200 to 2000 bucks----
Experts----Plz comment------
Regards,
joy_mitali
I am trying to start a intraday option trading pick---Hope seniors and knowledgables would take active part in it----and rectify if there r some flaws in my picks-----
One of my favourite scrips--which I have time tested with sweet and sour experiences is NTPC----
EVEN with todays boyant market----NTPC 90 PUT was poised in a sweet trading range between Re.1 to Rs.1.75,Closing at 1.2
I presume--- a fall once in the market when occurs tomorrow---can take this price ---to around 1.6---1.8----Remember----Those who have general terms of brokerage should at least have 50p difference---to see some profit----I have myself bought this PUT at 1.05----
If MArket rise----and NTPC price increases to around 92.75--93----NTPC PUT can fall to the level of 75---80 paisa-----As per my opinion it would be the best time to take the bet----and then get out with the falling NTPC price----with a difference money of 50paisa----
The general feeling inthe market is NTPC should rise----This is a bet against general public opinion---
Please Newbies----Plz never rush----and be very careful------A bit of miscalculation-----can easily make a loss of 1200 to 2000 bucks----
Experts----Plz comment------
Regards,
joy_mitali
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