06 JUNE 2010 (FROM THE ANALYST)
We have had a bad week on NIFTY calls (our first negative week since starting the service) and that was sure enough to prompt us for looking back into our processes - data downloader, technical charts, technical update and of course software upgrade.
We could find no major issues but it was a good time to upgrade our processes and softwares. We are all set and ready to have a GO again !!
High Intraday Volatility also did not help, as esp. for NIFTY INTRADAY Calls we give only 20 points SL. On a lot of occasions, we had our SL being hit and later targets getting achieved. Also, sometimes our targets getting missed by 2-3 points and then SL getting hit. SO, hopefully it was just one of those BAD weeks, but that helped us upgrading our processes well in advance.
In the meanwhile EQUITY service has become a HUGE HIT !! ON days of Flat opening we have seen all 5 calls achieving targets regularly and as you know by now that our Targets are 1.5 times SL, this results into HUGE returns.
EQUITY CALLS PERFORMANCE (MAY):
EQUITY CALLS PERFORMANCE (JUNE):
POSITIONAL CALLS: See below
NIFTY OPTION STRATEGY (100% SAFE):
We initiated our "OPTION WRITING" strategy on 03rd June with intention of capitalizing on Range-bound movements in addition to Global weakness, Volatility and GAP openings...
Sell Nifty 5200 CE & 4800 PE @ opening on 03 JUNE (both around 50)
100 Points collected.
See Chart below for returns @ EXPIRY !!
Lets enjoy Nifty'ing !!!!
We have had a bad week on NIFTY calls (our first negative week since starting the service) and that was sure enough to prompt us for looking back into our processes - data downloader, technical charts, technical update and of course software upgrade.
We could find no major issues but it was a good time to upgrade our processes and softwares. We are all set and ready to have a GO again !!
High Intraday Volatility also did not help, as esp. for NIFTY INTRADAY Calls we give only 20 points SL. On a lot of occasions, we had our SL being hit and later targets getting achieved. Also, sometimes our targets getting missed by 2-3 points and then SL getting hit. SO, hopefully it was just one of those BAD weeks, but that helped us upgrading our processes well in advance.
In the meanwhile EQUITY service has become a HUGE HIT !! ON days of Flat opening we have seen all 5 calls achieving targets regularly and as you know by now that our Targets are 1.5 times SL, this results into HUGE returns.
EQUITY CALLS PERFORMANCE (MAY):
- Execute Only 5 trades per day with entry only before 1200
- 84% ACCURACY in MAY so far => 100 Calls, 68 Targets, 16 Closed in Profit @ EOD & 16 Hit SL
- TOTAL PROFITS (per LOT) = MORE THAN 3 LAC (Rs. 376861)
- TOTAL PROFITS (per LAC) = MORE THAN 1 LAC (Rs. 101275)
EQUITY CALLS PERFORMANCE (JUNE):
- 90% ACCURACY in 4 DAYS => 20 Calls, 15 Targets, 03 Closed in Profit EXIT & 02 Hit SL
- TOTAL PROFITS (PER Lot) So far: Rs. 73751 in 4 days
- TOTAL PROFITS (per Lac) So far: Rs. 22665 in 4 days
POSITIONAL CALLS: See below
NIFTY OPTION STRATEGY (100% SAFE):
We initiated our "OPTION WRITING" strategy on 03rd June with intention of capitalizing on Range-bound movements in addition to Global weakness, Volatility and GAP openings...
Sell Nifty 5200 CE & 4800 PE @ opening on 03 JUNE (both around 50)
100 Points collected.
See Chart below for returns @ EXPIRY !!
Lets enjoy Nifty'ing !!!!
