The Bulls, The Bear & A J0ker

#12
Trade #2:TataMotors-280-PE

So, are we done with all sky rocketing yet?

I'm planning on Mar 270/80 PE position on this.


We've also noticed some good divergence recently:



So, here's my 2nd trade:


Also, something to notice is, all the jazz at the time of 292 level retest ... or vice versa ... who knows?


Mar 14, 2012 at 20:15:
Tata Motors targets 50% share in luxury buses by 2015

Mar 14, 2012 at 08.57 PM IST:
Tata Motors launches luxury city bus Divo, Starbus Ultra

Mar 14, 2012, 23:03 IST
With cheaper Divo, TaMo aims at Volvo

14 Mar, 2012, 11.58AM IST
Tata Motors shares up on strong optimism about sales
 
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#13
Re: Trade #2:TataMotors-280-PE


eeeeks!!
SL @ 3.30 was hit during the wild swings!!:(

Tata Motors to increase prices after budget excise hike

Car makers race ahead on friendly Budget

Tata Motors global vehicle sales up 24% in February
Fresh attempt on Monday at 280PE @ 4.30


But the question is that, will it be meaningful to enter into this position with 8 trading sessions left for expiry?

Here's the daily chart with the bear's much awaited death-pinbar at the extreme right ... price rejection at 300??


 
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#14
Re: Trade #2:TataMotors-280-PE

But the question is that, will it be meaningful to enter into this position with 8 trading sessions left for expiry?
Isn't it 9 trading sessions ?? Or is there a holiday in between that I missed ? :confused:
 
#16
Trade #3:TataMotors-280-PE

So, are we done with all sky rocketing yet?
I'm planning on Mar 270/80 PE position on this.
Captain, since Feb 15 we're out of rocket propellant.

**Mar-280-PE got in @ 4.05.
On Mar/21, got kicked out at 8.10 - SL hit.
Feeling sad now looking at current prices. Anyways, a profit is A Profit.


Looking to get a chance to enter in Apr-270-PE @ Rs. 8 or better. But what I'm afraid of is, (looking at the three beautiful shorting opportunities above) I may not get that chance. :(

Here's the option chain:
Wish me luck guys!
 
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#19
Good Bets for Apr '12

=== Good Bets for Apr '12 ===



Long Kingfisher Airlines @ 18/20 range.

Long HDFCBank @ 515/525 price range.

Long IDBIBank @ 105/106 range.

Long ICICIBank @ 885/895 range.​

* always implement a SL in accordance with risk appetite (maybe 5 or 10%).
These scripts looks good to me as intraweek/ swing trades.


=== ==== ==== ====​

Purchased ICICIBank 900-Apr-CE @ 35.50 yesterday. SL = 18.00
 
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