OPTION LEARNING LESSON

RETROSPECTION

AFTER A LONG TIME STOP LOSS IN OPTION IN 

TWO CALLS IN A DAY. THAT GIVES US MORE 

ROOM FOR IMPROVEMENT.

OPTIONHUNTER

PERFORMANCE 21-09-2011

TODAY PAID CALLS
FUTURE :  
RENUKA SUGAR @ 61.80 - 62.50- 63 (HIT ALL TGT)
CAIRN SHORT @ 301 - 296 (HIT TGT)
LT BUY @ 1565 HOLDING  SL 1550 TGT 1600 / 1650 (3 DAYS)
PFC 170 CE @ 2 - 3.25 (HIT TGT) PSTNL 5 ++
OPEN OPTION POSITION :
LT CE 1600 @ 23  TGT 29-35  POSITIONAL TGT 45 ++
IBREL 80 PE @ 1.15  SL .60  TGT 2 / 3 ++ (TRADERS AVG NEAR .90)


HOLDING NIFTY OCT PE 4000 @ 8.
HDIL CE 120 HIT TGT 2 BTST.
OPTIONS :  DLF CE 220 @ 3 - 2.2 -SL
BHARTI CE 400 @ 6.5-5 (BTST) -SL 

PREDICTION 21-09-2011

TODAY's TRADE
GLOBAL WEAK, ASIA MIX.
MARKET TO OPEN VOLATILE. DONT SHORT IF MARKET OPEN LOWER GAP DOWN.BUY AT DECLINES CERTAIN STOCK.
NIFTY RESISTANCE -5174  
SUPPORT AT 5117-5088. 
BULLS : R POWER, DLF, FEB BANK, BHUSHAN STEEL, KOTAK
BEARS : BHEL, UB HOLDINGS, GRAVITA
OPTION :  BUY 5100 CE ON DECLINE.
BUY 5100 CALL IF 5117 SURVIVES, ELSE BUY NEAR NEXT SUPPORT OF 5090.

BUY RPOWER 90 CE ON GAP DOWN.

HOLD BHARTI CE.


SURPRISE PKG :  STERLITE IND.