Hi sanzy, its a hold for now. keep strict sl at 2750

Hi sanzy, yes, can expect some bounce as its nearing support levels.

holding Jubilant 500 shares @178..how many days u think it will take to rise?

CB Sir, I m bought today aurobindo 600ce@36 what can i do

CB sir shud I average Jubilant?

Hi Rajasekar, its a hold for 1-2 days. does look good

Hi Kiran, its a hold for short term. does look good techincally

Hi Prathmesh, no, not yet

Hi Rohit,

Rohit,
Option trading is highly risky and rewarding.

How is it Risky?
As the option premium for various strike prices go on diminishing as the time reaching towards the expiry date.
Sometimes you may loose all the capital you have invested as the time reaches to the expiry day. On expiry day, most of the OUT of MONEY options trade @ 0.05 and 0.10

Advantages of trading in Options?
One can trade in options with less capital. Buying 7000 CALL @ 140 needs only 140*50 = Rs.7000

How rewarding?
Even if you can catch 10 points on the Nifty from 140 to 150 levels, you will get Rs. 500 i.e., 7% on the capital.

You short 1 lot of NIFTY 6000 PE @32
Your maximum profit in this case is 50*32 = 1600, To gain this maximum profit you have to hold the option contract till the date of expiry

You short 1 lot of NIFTY 7500 CE @29
Your maximum profit in this case is 50*29 = 1450, To gain this maximum profit you have to hold the option contract till the date of expiry

Expectation is that, If BJP forms the government, Nifty will move 5-10% upove from 6700 levels i.e. 7300 is expected
this case, Your 6000 PE will trade @ Rs. 1 to Rs. 3 and Your 7500 CALL will trade @ 100 levels. Calculate the loss
and if the results disappoints, Nifty corrects by 10% from 6700 levels and tests 6100 by the expiry day. Your 6000 PE trades @ 70 - 90 levels and your 7000 CE will trade @ Rs. 1 to Rs. 3. Now calculate your losses

In Both the cases, your profit will be limited and your risk will be higher and higher.

What can be done before any big event, as the event outcome is not known before.

If you BUY both 6000 PE @ 32 and 7500 CE @ 29 your investment is just 3000 + Rs. 200 (brokerage) comes to 3200
On May 16, Markets will move either way and one of your option contract will give good returns sometimes more than 100% as well. Then the profitable contract will nullify the losses of the contract that trades at low prices.

Hope it makes some sense.

Finally, What I can say to you is, Forget 3 things, if you are new to markets.
1) Playing with Margin Money
2) Trading in Options
3) Above 2 things

Start reading books about option strategies and do paper trading to get more understanding about stoc options.

THANK U cb sir, today i exit from axisbank 1600ce & sbi2100ce with profit when shall i enter again the above both scripts