We are back to the market after a long weekend.

Tomorrow is another trading holiday. So today’s session may not see much of a move in either direction. But then we can be wrong all the time.

Market closed 112 points higher on Friday. Once again the all time high level is in sight and may be topped sooner than later.

Talking about NIFTY is fun. At the most we can be wrong. But no money is made by talks. We have to keep looking for trading opportunities and then put money on our selections.

Let us do what we have been doing for last one year.

In the last 30 day period NIFTY was up 2.71 %.

Stocks which top the list of losers in this period are– INFRATEL, YESBANK , INDUSINDBK, POWRGRID, BRITANNIA etc.

We had a CALL in INDUSINDBK and PUT in BRITANNIA last month and both of them had gone worthless.

Let us have a look at YESBANK.

Quarterly results are very poor. That may impact the price today on the negative side. We look at the status over last 7 days and find that the 30 day trend is not supported.

We do not take a trade today. It looks like missing an opportunity but we are okay with it.

BRITANNIA does not meet the Volume requirement. We give it a miss.

EICHERMOT fits the 30 day and 7 day criteria. IV ( Implied Volatility ) around 30 is okay. Volumes are again low.

We give a miss to this trade too.


Down over 30 days and 7 days. IV around 40 and decent option volumes.

This trade meets all the requirements.

PUT 160 @ Rs. 3.60-4.00 can turn out to be a good trade.

Lot Size 2300 Maximum Risk Rs. 9200.


In September 2018, a trade in this stock had given a profit of more than Rs. 100000.

It meets the 30 day , 7 day and volatility criteria. Volume for PUT 125 is low but is nearly acceptable for PUT 130.

PUT 130 @ Rs. 2.60-3.00 is a trade.

Lot Size 4500 Max Risk — Rs. 13500.

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.