Yesterday the day started very nicely for us but ended up wrong.

I do not care what NIFTY does as long as my selections are doing what they are supposed to do.

IDEA went down to Rs. 55.20  PUT 60 had opened at Rs. 4.50 and looked like going up. But that was not to be. The stock kept on gaining throughout the day and the PUT ended up at Rs. 2.45.

I had suggested to get out of PUT 60 and enter PUT 55.

Exit was taken at Rs. 4.50 and PUT 55 entered at Rs. 0.80 which ultimately became Rs. 0.20 at the close.

See how the switching has saved us considerably. We lost Rs. 0.60 in PUT 55 instead of Rs. 2.05 in PUT 60.

PNB and BHEL are still at the level that we have to wait for the gains. So is VEDL and INDUSIND.

These stocks only are going to be the make or break stocks.

Status is not as good as it was a day earlier:

In case of Futures Trades, the picture would have been much better.

Trades For Today:

Another post is written for Expiry Day Option Trades.

Markets are likely to open flat. What they do after that is anybody’s guess.

All the best for the day.

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.