Welcome to Monday morning.

We are into the last week of January 2019 Expiry. There are 4 days left to conclude our trades and hopefully we should be able to do it profitably.

We saw NIFTY moving high in the early trades and then go down sharply on Friday.

NIFTY has gained just about 1 point in 21 days since December Expiry on December 27, 2018. Considering that the Index has been absolutely flat , our trades have done reasonably well so far, ZEEL PUT 420 being the star performer.

The position at close on Friday was:

The first thing to be done is to exit ZEEL PUT 420 and enter PUT 300. That way we get some profit and stay in the trade for some more gains if the negative trend continues.

We shall book profit in TATASTEEL PUT 480 too around Rs. 30 levels and move to PUT 450.

In HEROMOTOCO we get out at current levels ( Rs. 140-145 ) and enter PUT 2600.

This is one of the ways of protecting profit as reversals can be very damaging at this stage with little time left to expiry.

New Trades :

For last one week or so, NBFC companies are losing ground. It is time to look at L&TFH.

This stock is a loser over 30 days as well as 7 day period. Last traded price was Rs. 134.75.

PUT 130 @ Rs. 0.90 – 1.05 can turn to be a good option if the trend persists. Otherwise we lose Rs. 4725 as the lot size is 4500.


Asia Markets are down from the highs. SGX NIFTY was up 50 points a few minutes ago and is now up 19 points. It appears that we are in for a lot of volatility once again.

Stay alert with your trades.

Trade cautiously, trade profitably.

Disclaimer: 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.