Hedged NiftyOption Position created on 12th Dec 2016

Hedged NiftyOption Position created on 12th Dec 2016

As per Trend Analysis of 12th Dec 2016, NiftyFuture lost Shortterm support of 8193 and is heading towards next Support level of 8007.

With Initial Stoploss @ 8329, Short Position initiated in NiftyFuture @ 8192 along with Long Position of 8300CE  @ 49 in the ratio 1 Lot:1 Lot

Being the  Volatility remains the same or reduce upon market consolidation,the max loss expected on Stoploss Hit is around INR 5500/- Per Lot

If Market continues its downward journey,with a Holding period of 5 days, Upon Target Hit we are expecting reward of 9000+ Profits per lot.

Stoploss Modified to 8267 for 14th Dec 2016.Exit Both Positions in case of Stoploss Hit

 Stoploss Modified to 8251 for 16th Dec 2016.Exit Both Positions in case of Stoploss Hit

 

 Stoploss Modified to 8222 for 19th Dec 2016.Exit Both Positions in case of Stoploss Hit

 Stoploss Modified to 8198 for 20th Dec 2016.Exit Both Positions in case of Stoploss Hit

 Stoploss Modified to 8171 for 21st Dec 2016.Exit Both Positions in case of Stoploss Hit

 Stoploss Modified to 8150 for 22nd Dec 2016.Exit Both Positions in case of Stoploss Hit

Target Met on 22nd DEC ...Closed NiftyFuture and  8300CE @ 8007 Level.........

Booked Net Profits More than INR 10000/- Per Lot........