Wednesday, 24 February 2016

STM - 8th Entry...!

Dear Friends,  Good morning

NIFTY is trying to break out the major support  7040 - if it happens, again we will have a free fall...!

As we have the expiry tomorrow - there can be a big , big surprising move .... ! 
I would like not to disturb the 7th Entry - CALL option for a while...!

The amount Sold on PUT option - is kept as it is...!

But going to utilise the Reserved amount of 20% - that is Rs. 2525.00 ( The amount of per unit price) - with a risk of current month combo  CALL Option 7100 & PUT option 7000 --- with the combined price of Rs. 35.00.....!
NIFTY at the position @ 7055

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Let us call it as  " 8th Entry .... "  - This is only to utilise the big move.....as signals are indicating...!

In case of any flat movement -even for few hours - Premium of both sides will get wiped off... So, we need to act very smartly....!

If you are taking this position - keep a very close eye on the combo...! Otherwise better to be idle for a day......!

So, Here we go...!

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Let us hope for the best !

With kind regards,

Rishi

5 comments:

  1. Let Us All Hope and Pray to "Lord Annamalaiar" for the Best to Happen

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  2. Your mind decision is blessed by Annamalaiyar Unnamulai Ammai.....
    Always thanking you n gods grace.

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  3. anna our major support level 7040 breaked :)

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  4. I couldn't understands these terminology, even I watching daily and learned bit and byte every day... thanks Mr.Rishi sir for the practical/live sessions...

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