Wednesday, 30 March 2016

STM 13th - Exit : Report card....!

Dear Friends, 

Who says, 13 is an unlucky number...?  Just closed the 13th position of STM....within a day - a massive 7% profit..!

Well, it was just in line with our expectation...! The signal was positive - Future signal upto 7725...! As it was on the verge of expiry , expected Spot also- almost similar to that....!

So, confidently went for CALL side...! Back up was current month 7600 PUT...! 
Mentally prepared for it would go for a throw away prices...!
On a first look - it may look like a foolish decision...!

But,  even in adverse direction movement - 7600 PUT itself , would fetch us a huge profit..!

As I was so sure on a positive direction  - I went for MARCH month put itself as back up...!  A bit of dilemma would have been next month PUT as back up..!

If we selected 7700 CALL current month and next month put as back up - things would have been easier. But any adverse direction happens, would make us nervous...!

Hope, now you can understand why this combo was selected, with very narrow gap.
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I am happy that there are some interesting observations being made... thought of clarifying it...!
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So, Yes, a bit of aggressiveness - to compensate on the two weeks idle period...!

If we can keep patience (or) can able to sustain high tension , we can even earn more on this combo...! But, I am a weak hearted guy & feel this is enough & happily made exit...!

When I am finishing this post, the combo is still showing 176 to 180 range...! Vow..!

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So one more fluke Call.....!  

More than technical competency, It's HIS blessings..! All the credit goes to HIM...! Let us continue our sincere prayers and let HIM take care of everything...!


“ Vision without action is Day Dream.

Action without vision is Nightmare.

Vision + Action = Progress.”


- Bill Gates


With kind regards,

Rishi

17 comments:

  1. Dear Rishi.. excellent boss..HIS blessings are always there.

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  2. Marvellous Rishi sir!!! Thank you so much.

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  3. Dear Rishi Sir please correct report card as of 30/3/16 and 13 the Exit its showing 10 the exit as 10 the march.

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  4. thanks thanks thanks a lot sir

    a great combo and a great man and great winning


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  5. Thank u very much sir.
    Om annamalaye porty Om.

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  6. The First line ..i had it in my mind as well...Number 13 no-more unlucky...with his blessing and your expertise we will be always Lucky!!!
    Jai Shree Ram...Hara Hara Magadeva...

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  7. Kudos for the right decision!!!!!!!!!!!

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  8. Superbbbbbbbb.... sir....

    Om Siva Siva Om.....

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  9. Congratulations Ji!,
    It is not a fluke but perfect attack as Arjuna aimed on dow also for everytime. May He shower all His blessings on you ji.

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  10. A perfect shot.. Thanks to you and the DIVINE...

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  11. Respected sir,

    Test comments

    Visu

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  12. Dear Sir, It was nice explanation in this thread for the narrow range and the strategy how this combo was selected. I am following all threads and watching and learning the steps of Giant elephat!!!

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