I was hoping for a break below 4730-40 area in the Nifty Futures today. Apparently that's not going to happen due to strong global from the HangSeng, etc. Will decide upon a strategy after looking at the market open.
A short around 4810-20 area with SL around 4830 is again a possibility. In case, Nifty Futures crosses 4830 and sustains, then another rally to 4875-4950 is possible. So I will look to BUY Nifty above 4830 levels.
Placed an order to SHORT 50 Nifty FEB Futures @4820.
I am keeping SL as 4830. I will BUY 100 Nifty FEB at 4840.
Traded: SELL 50 Nifty FEB Futures @4820
Traded: SL hit cover SHORTS - BUY 100 Nifty FEB Futures @4830
As the 4840 level did NOT sustain, I have NOT traded the BUY call @4840
Placing BUY 100 @4845 - not at 4840 as stated earlier. Stop Loss for this trade will be 4825.
Cancelling the BUY order @4845 now......Nifty moved back below 4820...
Wednesday, February 10, 2010
End of day updates as of Feb 10, 2010
Today's position is
Cash in hand (as of Feb 9) = Rs 96.090.00
Cumulative Gain/Loss (as of Feb 9) = - Rs 3,910.00
Today's Gain/Loss booked (as of Feb 10) = + Rs 2785.00
Today's Cumulative Gain/Loss (as of Feb 10) = - Rs 3,910.00 + Rs 2785.00= - Rs -1,125.00
Today's Cash in hand (as of Feb 10) = Rs 96,090.00 + Rs 2785.00 = Rs 98.875.00
Scrip | Buy or Sell | Qty | Net Price | Closing Price | Profit or Loss | |
NIFTY 25 Feb 2010 Futures | SELL | 50 | 4816.95 | 4751.15 | +3140.00 | |
Cumulative (booked) Gain/Loss: | - Rs 1,125.00 | |||||
Net cash EOD (with MTM) as of Feb 10, 2010 = Rs 98,875.00 + Rs 3140.00 = Rs 1,02,015.00..
Trade History updated as of Feb 10, 2010
Dates | Scrip | Qty | Net Price bought | Net Price sold | Booked Profit or Loss | |
Feb 6, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4735.05 | 4672.05 | -3150.00 | |
Feb 8, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4688.05 | 4672.05 | -800.00 | |
Feb 8, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 100 | 4766.05 | 4672.05 | -9400.00 | |
Feb 8, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 100 | 4742.05 | 4800.95 | +5890.00 | |
Feb 9, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4741.00 | 4788.00 | +2350.00 | |
Feb 9, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4741.00 | 4765.00 | +1200.00 | |
Feb 10, 2010 to Feb 10, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4761.25 | 4816.95 | +2785.00 | |
Cumulative Gain/Loss: | Rs -1,125.00 | |||||
Cash in Hand: | Rs 98,875.00 | |||||
Investment Return: | -1.125% | |||||
Trades placed on Feb 10, 2010
Date Time | Scrip | Buy or Sell | Qty | Price | Broke rage | Net Price |
FEB 10 2010 | NIFTY 25 Feb 2010 Futures | SELL | 100 | 4818.95 | 2.00 | 4816.95 |
FEB 10 2010 | NIFTY 25 Feb 2010 Futures | BUY | 50 | 4760.25 | 1.00 | 4761.25 |
Tuesday, February 9, 2010
Trading Updates as of Feb 10, 2010
Today's strategy are:
Looking for an opportunity to SHORT around the 4820 area. A nice SL would be 4830 or so. Today might be a down day.
Well, Nifty opened around 4820, but did not sustain. So I missed the trade.
Nifty is at 4755 now. I will look for an opportunity to SHORT around the 4800 area with SL of 4830.
Itz too bad that Nifty only came till 4788 before retracing. I could have shorted 50 shares at 4788, but I missed this as well :)
Nifty now at 4797. Will wait for 4810-20 now to go short. Nifty can zoom if it crosses 4830, so I will simply reverse trade above 4830. To simplify, Going short around 4810-20, Sl = 4830. Going Long above 4840, with SL around 4820.
Placed an order to short 100 Nifty @4818.95. Will keep a SL of 4830 Nifty Spot, if this trade goes through.
Umm, what can I say...Nifty FEB came all the way upto 4815 and backed down. Now trading at 4805.
Came all the way to 4816 and missed 4818.95 by a whisker.
Traded SHORT 100 Nifty FEB now @4818.95
As Nifty FEB is trading at a 2 point premium, Stop Loss of 4834 should be alright.
Premium turned to discount. So now Stop Loss moved down to 4830.
Covering 50 Nifty FEB by BUYING at 4760.25
Will hold 1 lot of Nifty SHORT for tomorrow. I will see if Nifty can break the 4730 levels tomorrow.
Looking for an opportunity to SHORT around the 4820 area. A nice SL would be 4830 or so. Today might be a down day.
Well, Nifty opened around 4820, but did not sustain. So I missed the trade.
Nifty is at 4755 now. I will look for an opportunity to SHORT around the 4800 area with SL of 4830.
Itz too bad that Nifty only came till 4788 before retracing. I could have shorted 50 shares at 4788, but I missed this as well :)
Nifty now at 4797. Will wait for 4810-20 now to go short. Nifty can zoom if it crosses 4830, so I will simply reverse trade above 4830. To simplify, Going short around 4810-20, Sl = 4830. Going Long above 4840, with SL around 4820.
Placed an order to short 100 Nifty @4818.95. Will keep a SL of 4830 Nifty Spot, if this trade goes through.
Umm, what can I say...Nifty FEB came all the way upto 4815 and backed down. Now trading at 4805.
Came all the way to 4816 and missed 4818.95 by a whisker.
Traded SHORT 100 Nifty FEB now @4818.95
As Nifty FEB is trading at a 2 point premium, Stop Loss of 4834 should be alright.
Premium turned to discount. So now Stop Loss moved down to 4830.
Covering 50 Nifty FEB by BUYING at 4760.25
Will hold 1 lot of Nifty SHORT for tomorrow. I will see if Nifty can break the 4730 levels tomorrow.
End of day updates as of Feb 9, 2010
Today's position is
Cash in hand (as of Feb 8) = Rs 86.650.00
Cumulative Gain/Loss (as of Feb 8) = - Rs 13,350.00
Today's Gain/Loss booked (as of Feb 9) = Rs 5890.00 + Rs 2350.00
+ Rs 1200.00 = + Rs 9440.00
Today's Cumulative Gain/Loss (as of Feb 9) = - Rs 13,350.00 + Rs 9440.00
= - Rs 3,910.00
Today's Cash in hand (as of Feb 9) = Rs 86.650.00 + Rs 9440.00 = Rs 96,090.00
Scrip | Buy or Sell | Qty | Net Price | Closing Price | Profit or Loss | |
No Position | ||||||
Cumulative (booked) Gain/Loss: | - Rs 3,910.00 | |||||
Net cash EOD (with MTM) as of Feb 9, 2010 = Rs 96,090.00 + Rs 0.00 = Rs 96,090.00.
Notes:
It was unfortunate that I got stopped out yesterday at 4767 – I should have kept 4755 as my Stop Loss as Nifty was bearish only below 4757. Oh well, it happens. For today, below 4750, Nifty will be bearish once again.
Trade History updated as of Feb 9, 2010
Dates | Scrip | Qty | Net Price bought | Net Price sold | Booked Profit or Loss | |
Feb 6, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4735.05 | 4672.05 | -3150.00 | |
Feb 8, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4688.05 | 4672.05 | -800.00 | |
Feb 8, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 100 | 4766.05 | 4672.05 | -9400.00 | |
Feb 8, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 100 | 4742.05 | 4800.95 | +5890.00 | |
Feb 9, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4741.00 | 4788.00 | +2350.00 | |
Feb 9, 2010 to Feb 9, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4741.00 | 4765.00 | +1200.00 | |
Cumulative Gain/Loss: | Rs -3,910.00 | |||||
Cash in Hand: | Rs 96,090.00 | |||||
Investment Return: | -3.91% | |||||
Trades placed on Feb 9, 2010
Date Time | Scrip | Buy or Sell | Qty | Price | Broke rage | Net Price |
FEB 9 2010 09:03 AM | NIFTY 25 Feb 2010 Futures | BUY | 100 | 4741.05 | 1.00 | 4742.05 |
FEB 9 2010 09:03 AM | NIFTY 25 Feb 2010 Futures | BUY | 100 | 4740.00 | 1.00 | 4741.00 |
FEB 9 2010 11:14 AM | NIFTY 25 Feb 2010 Futures | SELL | 50 | 4790.00 | 2.00 | 4788.00 |
FEB 9 2010 11:46 AM | NIFTY 25 Feb 2010 Futures | SELL | 50 | 4767.00 | 2.00 | 4765.00 |
Monday, February 8, 2010
Trading Updates as of Feb 9, 2010
If the Nifty Feb Futures reaches 4750 or so, then I plan to cover my SHORTS.
Just bought 100 Nifty FEB Futures at 4741.05
Now going LONG in 100 Nifty FEB Futures at 4740. Keeping a strict SL of 4734.
Nifty is now at 4883. I am moving my Stop Loss to 4767.
Booked Profits in 50 Nifty LONG at 4790
Stopped out of the other 50 Nifty LONG at 4767.
End of day updates for Feb 8, 2010
Today's position is
Cash in hand (as of Feb 6) = Rs 1,00,000.00
Cumulative Gain/Loss (as of Feb 6) = Rs 0.00
Today's Gain/Loss booked = - Rs 13,350.00
Cumulative Gain/Loss (as of Today) = Rs 0.00 - Rs 13,350.00 = - Rs 13,350.00
Cash in hand (as of Feb 8) = Rs 1,00,000.00 - Rs 13,350.00 = Rs 86.650.00
Scrip | Buy or Sell | Qty | Net Price | Closing Price | Profit or Loss | |
NIFTY 25 Feb 2010 Futures | SELL | 100 | 4800.95 | 4764.90 | 3605.00 | |
Cumulative (booked) Gain/Loss: | - Rs 13,350.00 | |||||
Net cash EOD (with MTM) as of Feb 8, 2010 = Rs 86,650 + Rs 3605.00 = Rs 90,255.00.
STOP LOSS: I will keep 4827.95 as a strict Stop Loss.
Trade History updated as of Feb 8, 2010
Dates | Scrip | Qty | Net Price bought | Net Price sold | Booked Profit or Loss | |
Feb 6, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4735.05 | 4672.05 | -3150.00 | |
Feb 6, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 50 | 4688.05 | 4672.05 | -800.00 | |
Feb 6, 2010 to Feb 8, 2010 | NIFTY 25 Feb 2010 Futures | 100 | 4766.05 | 4672.05 | -9400.00 | |
Feb 6, 2010 to In Trade | NIFTY 25 Feb 2010 Futures | 100 | In Trade | 4800.95 | In Trade | |
Cumulative Gain/Loss: | Rs -13,350.00 | |||||
Cash in Hand: | Rs 86,650.00 | |||||
Investment Return: | -13.35% | |||||
Trades placed on Feb 8, 2010
Date Time | Scrip | Buy or Sell | Qty | Price | Broke rage | Net Price |
FEB 8 2010 11:06 AM | NIFTY 25 Feb 2010 Futures | BUY | 50 | 4687.05 | 1.00 | 4688.05 |
FEB 8 2010 11:16 AM | NIFTY 25 Feb 2010 Futures | SELL | 200 | 4674.05 | 2.00 | 4672.05 |
FEB 8 2010 02:07 PM | NIFTY 25 Feb 2010 Futures | BUY | 100 | 4765.05 | 1.00 | 4766.05 |
FEB 8 2010 02:23 PM | NIFTY 25 Feb 2010 Futures | SELL | 100 | 4802.95 | 2.00 | 4800.95 |
Sunday, February 7, 2010
Trading Updates as of Feb 8, 2010
Today's strategy are:
If the Nifty Feb Futures reaches 4690 or so, then I plan to BUY the remaining 50 shares of Nifty FEB Futures.
If Nifty Feb Futures goes below 4670, then I plan to sell the 100 shares of Nifty Feb Futures that I will currently hold. In addition, I plan to go SHORT on 100 shares of Nifty FEB Futures at 4670. Therefore, the idea is to SELL 200 shares of Nifty FEB Futures at 4670.
Pricing action indicates that there is a strong likelihood of the Stop Losses being hit.
Just bought 50 Nifty FEB at 4687.05.
Got stopped out of 100 LONG Nifty FEB at 4674.05
SHORTED 100 Nifty FEB at 4674.05
Market is moving against me. I am going to keep a STOP LOSS of 4765 for my SHORTS.
Got stopped out of 100 SHORT Nifty FEB at 4765.05
SHORTED 100 Nifty FEB at 4802.95. Keeping STOP LOSS at 4827.95
If the Nifty Feb Futures reaches 4690 or so, then I plan to BUY the remaining 50 shares of Nifty FEB Futures.
If Nifty Feb Futures goes below 4670, then I plan to sell the 100 shares of Nifty Feb Futures that I will currently hold. In addition, I plan to go SHORT on 100 shares of Nifty FEB Futures at 4670. Therefore, the idea is to SELL 200 shares of Nifty FEB Futures at 4670.
Pricing action indicates that there is a strong likelihood of the Stop Losses being hit.
Just bought 50 Nifty FEB at 4687.05.
Got stopped out of 100 LONG Nifty FEB at 4674.05
SHORTED 100 Nifty FEB at 4674.05
Market is moving against me. I am going to keep a STOP LOSS of 4765 for my SHORTS.
Got stopped out of 100 SHORT Nifty FEB at 4765.05
SHORTED 100 Nifty FEB at 4802.95. Keeping STOP LOSS at 4827.95
Trade History updated as of Feb 6, 2010
Dates | Scrip | Qty | Net Price bought | Net Price sold | Booked Profit or Loss | |
Feb 6, 2010 to NIL | NIFTY 25 Feb 2010 Futures | 50 | 4735.05 | In trade | In trade | |
Cumulative Gain/Loss: | Rs 0.00 | |||||
Cash in Hand: | Rs 1,00,000.00 | |||||
Investment Return: | 0.00% | |||||
Saturday, February 6, 2010
End of day updates for Feb 6, 2010
Today's position is
Initial cash in hand = Rs 1,00,000.00
Scrip | Buy or Sell | Qty | Net Price | Closing Price | Profit or Loss |
NIFTY 25 Feb 2010 Futures | BUY | 50 | 4735.05 | 4749.35 | 715.00 |
Previously booked Gain/Loss: | Rs 0.00 | ||||
Net cash EOD Feb 6, 2010 = Rs 1,00,000 + 0.00+ Rs 715 = Rs 1,00,715.00.
STOP LOSS: I will keep 4670 as a strict Stop Loss. Supports below that are very far away !
Brokerage charges, STT, stamp duty, etc
For a BUY trade, I will be deducting 1 point for 1 lot (of 50 nifty shares) towards brokerage and other charges like stamp duty, etc.
Actually, for a BUY trade I pay around Rs 35 for brokerage (using my Reliance Money account). Even with other miscellaneous charges it should still be only less than Rs 50 - hence the 1 point deduction for BUY trades.
For a SELL trade, I will be deducting 2 point for 1 lot (of 50 nifty shares) towards brokerage, STT and other charges like stamp duty, etc.
Actually, for a SELL trade I pay around Rs 35 for brokerage (using my Reliance Money account). In addition, STT should work out to be around Rs 45. So even with other miscellaneous charges it should still be only less than Rs 100 - hence the 2 point deduction for SELL trades.
Actually, for a BUY trade I pay around Rs 35 for brokerage (using my Reliance Money account). Even with other miscellaneous charges it should still be only less than Rs 50 - hence the 1 point deduction for BUY trades.
For a SELL trade, I will be deducting 2 point for 1 lot (of 50 nifty shares) towards brokerage, STT and other charges like stamp duty, etc.
Actually, for a SELL trade I pay around Rs 35 for brokerage (using my Reliance Money account). In addition, STT should work out to be around Rs 45. So even with other miscellaneous charges it should still be only less than Rs 100 - hence the 2 point deduction for SELL trades.
Trades placed on Feb 6, 2010
Date Time | Scrip | Buy or Sell | Qty | Price | Broke rage | Net Price |
FEB 6 2010 11:14 AM | NIFTY 25 Feb 2010 Futures | BUY | 50 | 4734.05 | 1.00 | 4735.05 |
Friday, February 5, 2010
Welcome !
Starting today, Feb 6, 2010, I am starting a 100 share investment in Nifty 50 (Nifty Futures).
The market is open today (Saturday) from 11 AM upto 12.30 PM
Here is the call for the day.
Buy 100 Nifty Feb Futures between 4690-4725. Keep a very strict Stop Loss of 4670.
The market is open today (Saturday) from 11 AM upto 12.30 PM
Here is the call for the day.
Buy 100 Nifty Feb Futures between 4690-4725. Keep a very strict Stop Loss of 4670.
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