NIFTY highly range-bound with POSITIVE BIAS continuing to give few false entries for our POSITIONAL INDEX trades. Of special note is CNX IT which gave >200 points on BUY side & immediately gave about 50 on same day on SELL side & backtracked to BUY side it moved about 50 points on weekly basis but we booked >250 POINTS !!!
OPTIONS STRATEGY is looking good for big returns AGAIN !! 75 Points already for FREE members who got their entry at about 260-270 & currently, premiums placed @ 215, thats 50 POINTS free ZERO RISK !!
It is same as that our members booked on TSL. Risky players holding NIFTY FUTURE @ 5400 which is hedged for no loss till at least 5350.
EQUITY calls profits are smaller this week too because of rangebound nature of markets and GAP openings are also not helping our cause. Also decreasing profits are smaller LOT SIZE applicable from this month.
EQUITY CALLS PERFORMANCE (upto 09th JULY):
- TOTAL PROFITS (per LOT) = MORE THAN 95,000 (Rs. 95,915)
- TOTAL PROFITS (per LAC) = MORE THAN 25,000 (Rs. 26,274)
EQUITY CALLS HIGHLIGHTS SO FAR THIS MONTH:
- 01 JULY: BEST DAY - 4 TARGET & 1 SL (80% Accuracy) GAIN Rs. 29113 per LOT !!!
- 07 JULY: WORST DAY - 10 CALLS ACTIVE - 5 SL HIT 50% accuracy GAIN Rs. 232 per LOT!!
- 07 JULY: WORST DAY - STILL GAIN per LAC: Rs. 363
POSITIONAL CALLS: See below
NIFTY OPTION STRATEGY (100% SAFE):
01st JULY 2010
SELL 5100 PE @ 60 (CMP 07); SELL 5200 PE @ 90 (CMP 15)
SELL 5300 CE @ 90 (CMP 130); SELL 5400 CE @ 50 (CMP 63)
TOTAL PREMIUM earned: 290
CMP on 18th JULY 2010: 215
TOTAL OPEN GAIN: 75 POINTS
Lets enjoy Nifty'ing !!!!