Intraday calls for 19-12-11
Likely to open lower. Support for nifty is at 4630 and resistance at 4720
If markets show recovery later during the day, buy Aban Offshore above 337 with sl at 330
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airbites Says:
December 19th, 2011
Posted at: 10:48 pm
Hi Abdullah,
1] As markets are below 4700 mark, don't i “earn” due to time decay as i have PUT and it's in my favor as market is trading way below 4700 price OR it’s the other way around I loose money due to time even though its in my favor.
2] According to your opinion at what price shall I exit my 4700PE… My original target was Rs.200-250Rs.
3] Strange thing is I have referred black-scholes just today evening, but I agree I found it a little complicated to understand with the limited time I was having
ani Says:
December 19th, 2011
Posted at: 10:49 pm
Hi Abdullah,
thnks fr ur reply....so on the rise i will sell it...can i knw the tool where i can calculate the options value....ny chance the market will cross 4800 or 4900 mark bfr the expiry...
any other stock or nifty PE or CE fr shrt profit..
regds
Abdullah Says:
December 19th, 2011
Posted at: 10:49 pm
Hi vipul, Difficult to say. Markets look weak overall. Wait for markets to settle. Till then, every rise will be an opportunity to sell
DJ Says:
December 19th, 2011
Posted at: 10:53 pm
@Abdul,u better bring titan below 154 tmrw itself.or we d "Short Sellers Union"will drag u in court
Abdullah Says:
December 19th, 2011
Posted at: 10:55 pm
Hi ani, google options calculator. we have broken major support at 4720-4700 levels. Now these will act as resistance. Any rally above that will be a relief rally and will present opportunity to exit. Avoid fresh entries in stocks till mkts settle
Abdullah Says:
December 19th, 2011
Posted at: 10:56 pm
Hi DJ, Are bhai, Iam a bechu babu now. Lets hope for the best :D
arun bj Says:
December 19th, 2011
Posted at: 11:00 pm
hi kartik good evening i what is the reason bata india down 11% i stuck with this call
Abdullah Says:
December 19th, 2011
Posted at: 11:01 pm
Hi ani, As you know CB, Kartik usually post calls in the morning. Try them in small qty :)
DJ Says:
December 19th, 2011
Posted at: 11:06 pm
Abdul...kaal a2z laal chai...laal chai laal chai..nil shobuj cholbey na...cholbey na cholbey na
Kartik Says:
December 19th, 2011
Posted at: 11:11 pm
Hi Abdullah, :)
Hi ani, lets wait to see how Markets manage to react tomorrow, hold it with a SL at 4580 tough
Hi airbites, tough you may earn, the % earned shall be lower, as its a PE and Markets are below 4700 (once 4700 is broken, traders target the lower levels of 4500,4600)
Hi arun bj, GE, not sure of any news on it, technically looks weak tough
Abdullah Says:
December 19th, 2011
Posted at: 11:29 pm
Hi airbites, Every option has time decay. So in your case any rise in premium will be compromised to a little extent due to time value decay. Better not to set a premium value as your target price for exit. Rather, use the support and resistance of the underlying as entry and exit levels. Kartik has explained this worderfully well in a nutshell. I agree, Black-Scholes is a little complicated and traders seldom look at that during trading hours. Watch the underlying and its support resistance
arun bj Says:
December 19th, 2011
Posted at: 11:30 pm
can i go long auto stocks tomo ..mahindra n bajaj auto and tata motors
DJ Says:
December 19th, 2011
Posted at: 11:32 pm
Kartik
how does bharti look?cab i long it tmrw on any dip or bounce.?
arun bj Says:
December 19th, 2011
Posted at: 11:32 pm
hi kartik ok i think i shound book loss in bata call iii charts shows mahindra having good support at 638 level
can i go long auto stocks tomo ..mahindra n bajaj auto and tata motors
Abdullah Says:
December 19th, 2011
Posted at: 11:42 pm
Hi DJ, Sort of a neutral doji in daily charts of a2z. MACD buy signal in intraday charts around 2:20pm. Today last 45 mins, price increased with increasing volume. Still u want RED in a2Z TOMORROW ?
DJ Says:
December 20th, 2011
Posted at: 12:11 am
Abdul,yes very much red all the way.specially titan.