Short Strangle strategy on Nifty October 2015 series

Short strangle Nifty

Sell Nifty Put 7700

Prev Close
138

Sell Nifty call 8250

Prev close 34.50


Total pay in-4300 considering 1 lot each of size 25, Margin will be of 2 lots per strangle pair.

Loss only if Nifty crossed this range at expiry. Expiry closing anywhere between this range will make options value zero

Volume Toppers stock analysis-Nestle and MCX

Nestle is volume topper with no significant change in price. But, After looking at intraday chart, its clear that volume spikes is only on buying and that means Nestle is Bullish for short term


But its at strong resistance at 100 MA @6260, so if breaks this level with volumes then tgt of 6550+

Exit at SL of 6155

MCX strategy

MCX also among volume toppers list looks faced resistance @20 MA of 957, above that it should hit 1010 within a week

SL can be kept at 938

Accumulate Infosys for 2 Months as investment

Keep accumulating Infosys for 2 months

Prev Close. 1140

May go down upto 1080 for giving us more accumulation opportunity


Results sessions will start soon. And Infosys have shown excitement in declaring results on 12th October which usually happens when they are confident on their quarter figures. Also, dollar strength recently is an advantage for export industry like IT. Companies like TCS, Infosys are the major beneficiaries of dollar strength. Additionally Infosys order books and clients books saw drastic change this year adding revenue to the company

So, overall sales increase due to new clients, profitability increase due to dollar strength, thereby overall increasing net profit. Market may start reacting to infosys from 30th September. So accumulate infosys by 28,29th September and sit tight for a month. In normal consideration, I see the target of 1350 in 2 months, but if new clients and payment is realised on account books then we may see 1450, safe traders may start booking from 1300 onwards. Final target will be calculated based on results on 12th October


Happy Investing!!!!!


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Nifty September 2015 Expiry Day View

7925-7930 upside max

7720 downside max for expiry

First it will go upside and then free fall as per my view

 

 

So, its a sell on rise market for this expiry. Start Short selling once nifty hits 7900 and keep SL at 7960.

 

One can exit all longs at this position

 

 

 

Happy Expiry Day Trading !!!!!

Time to accumulate Talwalkar

Date of buy initiation-19/9/2015

Prev Closing 235.4

Talwalkar is getting accumulated at current levels as its on strong support technically (100 MA on weekly chart)

Even at downfall, max downside is 200.

Talwalkar is known to give spectacular September Results. Thereby giving 20-40% returns within 2-3 months.

Last year it gave good breakout in the 1st week of  November and broke 52 week high. Subsequently doubled in 5 months and entered in consolidation phase from there on. Now that the stock has been in accumulation stage from long, we recommend to buy up to 200(not to wait till that level and start accumulation) and investors can look for 600 target within 1-2 years. For traders, call will be generated soon when technical indicator turns favourable

 

 

 

Happy Investing!!!!!

 

 

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New Trading Idea with Chart- Buy Pfizer and Sell Maruti

Please go through the chart carefully for commetary and trading ideas



Happy Investing!!!!!

Update for Amara Raja and Canara Bank call

All targets achieved


💸💸💸💸💸💸💸💸

[9/3, 17:35] JTtime.blogspot.com: Amara raja is sell till


933/910/890



Also Canara bank started upmove

One can accumulate at current levels for mentioned targets in previous post

Trading ideas on Amara Raja Batteries and Canara bank

Sell Amara and buy Canara Bank


Targets are mentioned moving averages on chart

Canara bank

Target 1- Moving average 50=292
Target 2- Moving average 20=300

LTP-266

Bollinger and trendline coincident on 910


Also bottom trendline coincident with Moving average 200


Whenever such coincident happens, it acts as a strong support. That's why said to book shorts 50% at both levels as per risk apetitie



Happy Trading