We had another good day on Friday.

Friday is over. The following weekend is over. Wimbledon Final is over with Novak Djokovic winning it a fourth time. Football World Cup is over with the France holding the cup of soccer supremacy once again.

Back to the humdrum of trading life again.

What to expect today ? :

I wish I knew.

NIFTY has run up about 430 points since June Expiry. Sensex is near all time high. All seems poised for another step forward. But when did the markets move in such a straightforward fashion. There are bound to be twists and turns and our trades will prosper or suffer based on these moves.

Let us be prepared for any setbacks while expecting the trades to do well.

We are now out of UPL 600 PUT at Rs. 42.00.

This trade will no longer be considered part of further exercise.

BHEL made new 52 week low on Friday. If the market sentiment is slightly negative, we may see a good down move here that should give a boost to out PUT 67.5.

BHARTIAIRTEL  is moving slightly lower almost daily. But a good down move has not come so far. I am waiting for this stock to go below its recent 52 week low of Rs. 351.60. I wish it would go there quickly.

While expecting these two and RELCAPITAL to do better, there are hopes from other trades too.

Hopes can be met and hopes can be dashed. It is for the market to do.

Our job is to keep looking for opportunities.

Once again it is HINDPETRO.

It remains week. Crude Oil was strong in US Market on Friday. When Crude Oil is strong, HINDPETRO and other oil marketing companies are down. This has been happening for quite some time now and may happen again.

PUT 260 at about Rs. 4.80-5.20 can be a good choice. If the stock moves quickly towards its recent low ( Rs. 250.60 ), the risk to reward ratio will be very decent.

This would add another PUT to our list of trades.

We are now into following trades:


BHEL —————– PUT 67.5



PNB ——————- PUT 70


SBIN —————— PUT 240


If the HINDPETRO trade materializes today, then we shall be monitoring 9 PUT trades. We are having our hands full.

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.