January series began with a decent gain for the NIFTY.

On an annual basis the year has been almost flat as compared to the previous year where NIFTY gained almost 28% for the year. This year markets have been volatile in a small range and the final result is that almost no one made money.

For the 365 day period, NIFTY has gained 3.52%. That looks alright.

Out of 50 stocks which constitute the NIFTY 50 Index, 32 stocks have lost between 2.46% to 65%. Only 18 stocks are gainers. It tells us that all is not well with the markets. One must be careful while committing big funds to the market. The slower and surer way of SIPs is better.

Our Trades :

In the kind of up move seen on Friday, it was not likely that our trades would give any good returns immediately. As these stocks opened higher, the buying prices were lower than planned. Some readers changed the Strike Price as per the situation and that was a good decision like buying SUNPHARMA PUT 400 in place of PUT 380.

Anyway, we shall keep the records as per the suggested trades on Friday.

INFY CALL 700 @ Rs. 13.00

SUNPHARMA PUT 380 @ Rs. 5.00

TATASTEEL PUT 480 @ Rs. 6.70

It is too early in the day to start worrying about their performance. Our trade is taken and money committed to these trades. Now let the market tell us what to do.

We are not taking a new trade today and shall stay with these. This is a long expiry month and we shall add more trades slowly.


Asia Markets and SGX NIFTY are up. SGX NIFTY is up 44 points at this time and we expect NIFTY to open with a positive bias. From there on it is unknown territory.

Trade cautiously, trade profitably.

Disclaimer:ย This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.