Nifty 3000 put premium has been rising with falling markets with last premium around 208.50 giving a maximum profit on 9 puts after brokerage of rs 4 at about Rs 18000. Though nifty hs been declining continously especially after reaching profit target, it is not clear if trailing stop loss would have been breached. hence we assume only Rs 9000 as profits.
Note: Based on correction prediction for wednesday, profit could have been increased by adding to short positions of last two days
Part 4: Some further thoughts on "what India/world could do to avoid deep recession" will appear soon on www.Indiaconsulting.in
Showing posts with label bear market prediction in 2008. Show all posts
Showing posts with label bear market prediction in 2008. Show all posts
Wednesday, November 05, 2008
Wednesday, June 04, 2008
Final update: Trade 69 : Profit booked under Trailing Stop loss rule
June 4800 Puts premium now at Rs over 240. we believe that stop loss may have been hit at Rs 232 few minutes back when Nifty recovered about 25 points. Hence profit on 25 lots at average price of 177.2 is about ( after deducting rs 2 brokerage per lot) is
Profit today=(232-177.2)*50*25- ( 25*2*50)= Rs 66000.
In real trade you may keep a few lots till next 1-2 days for better profits
Thursday, March 27, 2008
Launch of Trader's " Mutual" Fund
Based on success of our short term predictions over last few years which include recent predictions of (10 Bear market in 2008? (2) sharp corrections before March 2008, (3) Uptrend in US and Indian market (in second half) we are now launching a traders virtual fund which with following features
1. All trades to be done in US and Indian markets largely based on our short term predictions based on tarot cards
2. Trades to be largely confined to main indices like nifty, dow jones 30
3. A starting fund of Rs 10 lacs equally denominated in dollar and Re. In reality starting fund can be as low as Rs 1 lac. define your exit point based on loss bearing capacity
4. Funds to be used in small portions with relatively less frequent use of stop loss ( no trade in futures except on intra day basis and always with stop loss)
5.. Return to be calculated on intial corpus, with Sensex, dow monthly returns and with top mutual funds
6. Other rules to be posted as necessary
7. Start date Apirl 1,2008.
visit
1. All trades to be done in US and Indian markets largely based on our short term predictions based on tarot cards
2. Trades to be largely confined to main indices like nifty, dow jones 30
3. A starting fund of Rs 10 lacs equally denominated in dollar and Re. In reality starting fund can be as low as Rs 1 lac. define your exit point based on loss bearing capacity
4. Funds to be used in small portions with relatively less frequent use of stop loss ( no trade in futures except on intra day basis and always with stop loss)
5.. Return to be calculated on intial corpus, with Sensex, dow monthly returns and with top mutual funds
6. Other rules to be posted as necessary
7. Start date Apirl 1,2008.
visit
www.kal.in , www.ckal.in , and mobile site ckal..mobi
Contact 09312039121,09911698256
email: future@ckal.mobi
Chat on a cool, new interface. No download required. Click here.
Monday, March 17, 2008
Intra day prediction for March 17,2008
Sensex down over 547 points at 10.15 am. Sensex is expected to continue bounceback before plunging again and bouncing back (temporarily) toward of end of day
Stratgy1: Short index once it recovers another 300 points or so from its present level with stop loss
disclaimer: all risk to be borne by trader/investor
Predictions regarding outcome of IPL cricket matches will start shortly on http://www.ckal.in/ and mobile site ckal.mobi
Stratgy1: Short index once it recovers another 300 points or so from its present level with stop loss
disclaimer: all risk to be borne by trader/investor
Predictions regarding outcome of IPL cricket matches will start shortly on http://www.ckal.in/ and mobile site ckal.mobi
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