Stock future positional trading ideas

[Tradewithhunter]

1. JSWSTEEL Dec futures shorted at 1209

Cheers
SH

 

[vishal7176]

@ SH sir

are you using 315 strategy here.....??

sir you are not updating anything about 315 from long time .......are you not using this system now days?

please reply

thank you

 

[Tradewithhunter]

@ SH sir

are you using 315 strategy here.....??

sir you are not updating anything about 315 from long time .......are you not using this system now days?

please reply

thank you

Hi - This is not based on 315, I have already said this before in the thread.

I still use 315 to trade Nifty futures only. There is not much to update under 315 thread as everything is already there under the thread.

Even this thread I started so that I can keep a track of my positions, stop losses etc etc. This thread provides an audit trail for me as it allows me to login from anywhere in the world and from any desktop/laptop in the world to access my thoughts/positions. Its like a trading journal.

Cheers
SH

 

[Tradewithhunter]

Summary of trades till now:

1. Hindalco Dec Future bought at 164 closed at 174.10 today (M2M profit Rs 20,200 per lot). I have booked 50% positions today in Hindalco.

2. Hindalco Nov 170 CE sold at 0.90 expired at 1.80 today (Loss booked Rs 1800 per lot). Trade closed today as option expired and settled.

3. IOC Dec Fut sold at 345 closed at 352 today (M2M loss Rs 7000 per lot)

4. IOC Nov 340 put sold at 3.70 expired worthless today so entire premium pocketed (Profit Rs 3700 per lot booked). Trade closed today as option expired and settled.

5. HDIL Dec Fut sold at 81 closed at 81.25 today (M2M loss Rs 1000 per lot)

6. JSWSTEEL Dec Fut sold at 1209 this morning, closed at 1205.50 (M2M profit Rs 900 per lot)


Nifty futures longs continue to be held as the short term, medium term and long term trend continues to be up.

Cheers
SH

 

[Tradewithhunter]

Broader markets continued to rally today and Nifty ended up at 8588 on the back of rate cut hope by RBI .....

Nifty short term trend (stop loss 8420), medium term trend (stop loss 8350) and long term trend (stop loss 8200) continues to be up.

Future positions below:

1. Hindalco Dec Future bought at 164.90 closed at 174.90 today (M2M profit Rs 20,000 per lot). I have added the loss of 0.90 I made on the Nov 170 CE which was written in Nov series to the purchase price.


3. IOC Dec Fut sold at 348.70 closed at 367.50 today. The short tem trend change happened in IOC today so closed the trade (loss Rs 19000 per lot). I have added 3.70 points profit made on 340 PE to the shorting price. Fresh longs in IOC to be initiated on Monday.

4. HDIL Dec Fut sold at 81 closed at 84.10 today (M2M loss Rs 12000 per lot)

5. JSWSTEEL Dec Fut sold at 1209 , closed at 1209.95 (M2M loss Rs 250 per lot)

Tata power has given a bullish close on daily charts so will be initiating longs in this stock on Monday.







Cheers
SH

 

[Somatung]

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[Tradewithhunter]

5. JSWSTEEL Dec Fut sold at 1209, now trading at 1174. booked 50% (Rs 8500 profit per lot)

Cheers
SH

 

[timepass]

Broader markets continued to rally today and Nifty ended up at 8588 on the back of rate cut hope by RBI .....

Nifty short term trend (stop loss 8420), medium term trend (stop loss 8350) and long term trend (stop loss 8200) continues to be up.

Future positions below:
5. JSWSTEEL Dec Fut sold at 1209 , closed at 1209.95 (M2M loss Rs 250 per lot)

5. JSWSTEEL Dec Fut sold at 1209, now trading at 1174. booked 50% (Rs 8500 profit per lot)

Cheers
SH

I thought you had booked out of this earlier

 

[Tradewithhunter]

I thought you had booked out of this earlier

Hi timepass,

M2M means mark to market (notional P&L), which means position continues to be held.

I was just revieing end of day situation so when I said closed at 1209.95 I was referring to closing price for JSSTEEL that day and didnt mean the position has been closed out.

Whenever a position is closed out, I do not use M2M but use actual P&L

Cheers
SH

 

[anilnegi]

5. JSWSTEEL Dec Fut sold at 1209, now trading at 1174. booked 50% (Rs 8500 profit per lot)

Cheers
SH

SH

too late sir, how to benefit from this.

anil negi