Wednesday 10 October 2018

stock trading performance for 10th Oct 2018

I have bullish view on Nifty because

1. Nifty spot touched 10201 which is 315 degree at Gann square nine
2. Nifty spot took support from S3 ( 10277) thrice
3. Nifty forms higher high and lower lows in last three days which is bullish sign
4.RSI reached near 20 from where Nifty always bounced back in past
5. PCR ratio is indicating a bullish view
6. Nifty is close to its moving average support in weekly chart
7. Several key companies of Nifty 50 is trading near or below 200 DMA

Nifty 

Current position :

Nifty long                      4 lots
Nifty 10000 PE short    8 lots
Nifty 10200 PE long     6 lots
Nifty 10600 CE short    2 lots

overall position is delta positive and vega positive.

Banknifty

I did some crazy trading today. Need to work to encash this kind super bullish move. Looks like its a huge short covering rally and we might see next long builld up rally.

I started short 24000 PE and at the end I shored 25200 PE. Made some good profit. No position is open and will do expiry trading zade lizard option strategy

Stocks

I closed Reliance capital and Ajanta Pharma. Total profit 1250 


My current equity  217143

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