Hello Friends,
The purpose of this blog is to give one option trading call per month. And here is my first recommendation for April 2011:
Watch Nifty Puts 5700PE/May 2011. It is currently trading at 61. Today's Low is 54.90, and today's High is 68.70.
I will recommend to BUY this Option IF it falls below 40 during next 5 tradings days. Target will be given when I actually give the trading call.
This is only an advance intimation for members to get themselves prepared for a trade.
kadiyali/25.04.2011
The purpose of this blog is to give one option trading call per month. And here is my first recommendation for April 2011:
Watch Nifty Puts 5700PE/May 2011. It is currently trading at 61. Today's Low is 54.90, and today's High is 68.70.
I will recommend to BUY this Option IF it falls below 40 during next 5 tradings days. Target will be given when I actually give the trading call.
This is only an advance intimation for members to get themselves prepared for a trade.
kadiyali/25.04.2011
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Option Trading Call: 29.04.2011: 11.32AM
BUY nifty 6000CE/May 11 now at 39. Target 90.
NOTE: I had recommended above to buy nifty 5700PE/May 11 if it falls below 40 within 5 trading days. However it did not. But I am confident it will within the next few days. If it has to fall below 40, in that case 6000CE/May 11 will have gone up to 90 from the present 39 level. Hence the above trading recommendation.
The trading call now stands modified as follows:
"BUY nifty 6000CE/May 11 below 40 for a target of 90. Upon reaching of the target, BUY nifty 5700PE/May 11 if available below 40. Target for the second part of the trade is 100/120/150."
kadiyali/29.04.2011
pls. confirm the may series pe 5700..
ReplyDeleteshiva, thanks. Omission corrected. I had omitted to mention May series.
ReplyDeleteGood morning Kadiyali sir. Today the 5700 PE is quoting at 80+. Did we miss the bus? Or we will still get a chance to buy at close to your target level below 40? I guess those levels wont come easily now.
ReplyDeleteYash, just keep watchng the premium of 5700PE/May 2011 for next 3-4 days. I am certain we will get a level below 40.
ReplyDeleteToday's range of 5700PE/May was 56.55 Low and 96.05 High. May fall below 40 on Thursday or Friday.
ReplyDeleteGM Kaidyali sir. I guess it wont fall below 40 for now. Lets hope it does next week.
ReplyDeleteOption Trading Call:
ReplyDeleteBUY Nifty Call 6000CE now at 39. Target 90.
Yash, go for the modified version of the option trading recommendation. It is a double decker opportunity. Investment in the first trade is nominal, and it clicks, profit in the trade itself will enable to go for the second part.
ReplyDeleteis stoploss necessary in 6000call
ReplyDeleteBadri, please read Point No 3 of Option Trading Guidelines given on 23.04.2011.
ReplyDeleteEven if you buy 2 lots, your investment will be Rs 4000, which is less than the SL which is kept generally by traders in futures trades. So be prepared to lose the entire investment if you are aiming at 200-300% appreciation in a few days.
I would suggest you to trade only in one lot to start with, add to your capital by profits, and then go for more lots.
yes sir. thanks. i will follow. bought one lot at 38.75
ReplyDeleteKadiyali,
ReplyDeleteInteracting after a long time.Hope you are doing well.
At the outset I do not see any reason for your starting the fifth blog in a period of two years!
You started the 50pts per day blog as the paid one and many would remember the colossal loss suffered by many following your recs therein.You then changed it to free blog but the losses continued.Then you started a option and cash shares rec blogs and while the latter was useful the former again proved to be disastrous.Then you concluded that options are not for retail investors and said that you would focus only in cash shares that too for very long term holding.Then within nine months you recommended nearly sixty stocks and a few of them zoomed.As it went like that I offered to put them in an excel format to follow on a regular basis for which I needed some data from you.You readily agreed and subsequently nothing happened in-spite of reminders from my end.Then one day you vanished and are appearing nearly after two months with a new blog!
In the above period you always used to abstain for months together w/o any intimation.We thought that it was your style.
While I wish your new blog all success for all the efforts put by you,I request you to be regular and answer to all the queries raised here by visitors.For collection and analysis of data and keeping track of your recs you may seek the assistance of anyone of us as per your comfort.
Lastly I have a doubt.In the fourth commandment given you viz:
4. If due to bad luck, if the amount allocated initially is totally wiped out in 2-3 trades, just get out of the option trading for ever.
Do you mean to say 2-3 trades is assuming one trade / month a or 2-3 even if it is within a month?Would you continue with your recs afterwards?
Any chance of getting the stock data I asked for a few months back?
Thanks and Good Luck
Kadiyali,
ReplyDeleteWithin 3 hrs of your rec to buy 6000CE at 39,5900CE is ALSO fast approaching that price!
What we should do?Buy one lot in that also?
As you have not suggested any SL,I am asking this question!
Thanks
Ganapat,
ReplyDelete1)Lack of time does not allow me to acceed to whatever you had offered or I had committed earlier.
2)If you read the header of my first post in this blog, Paid Service has now received a FULL STOP from me.
3)Within the time which I am able to allot, I am making an attempt to be of use to my followers.
4)If you are so particular that you should track my record, you may start feeding all my Option Trading Calls of this blog into your excel sheet.
5)Coming to last part of your comment, I have asked people to allocate only a small portion of their savings, say Rs 10/12K. I have also asked them not to expose more than 30-40% of their capital in one trade. I have also made it clear that there will be only one trade in a month. I have also said all my recommendations will be in OTM options, mostly it will be below 40. This means, with initial capital of 10-12K, one can trade for 3 months. If in this trade any one unfortunately gets his capital wiped out, I have asked him to forget about options FOREVER. Do you think this will happen?
I hope my reply has satisfied your long comment. If any part of it has remained unanswered, pl treat the same as having been ignored by me.
Thanks.
Ganapat,
ReplyDeleteMy double decker trading call is very clear and has been given in inverted commas. Pl stick to it, if you want to follow my recommendations. Any other trade you want to do, it is your wish & will.
Kadiyali
ReplyDeleteThanks for your two prompt replies.
Hope all here follow your recs prudently and make money.
Good Luck to all.
After I gave the call to BUY 6000CE at 39, it went down till 23.50, and closed at 25.85.
ReplyDeleteLessons to Learn: 1)Always Buy much below my recommended price, and never buy above that rate. 2)Whatever SL if you place would have got it and you would have out of the trade. Hence no SL for OTM options trading.
Kadiyali:
ReplyDeleteSorry for saying this but your statement viz
1)Always Buy much below my recommended price, and never buy above that rate...is THE WEIRDEST ONE I HAVE EVER COME ACROSS.
Well this shields you well but not me(your follower).
If your rec is buy at 40 and I oblige and the price zooms to 100 both of us win
If your rec is buy at 40 and I oblige and the price crashes to 10 you win and I lose ( because as per your above amendment I should not have bought at 40)
So I suggest the following
When you FEEL like recommending something at 40,do not publish it and allow it to come down to the desired level and then publish your rec.
That would safeguard both our interests
Alternately you can tell us to buy at 40,30,20 etc also if you are very confident of your recs
As parrots do err at times to pick the right card,one can not be blaming its master for occasional failures.
Ganapat,
ReplyDeleteThanks for the suggestion/comments. Based on your comment, the lesson stands modified as below:
"If the capital allotted permits you to buy 2 lots, the first lot may be bought at the rate recommended by me, and the second lot at Rs 5 below the recommended rate. If the plan is to buy 3 lots, the third lot may be bought only at Rs 10 below the recommended price."
I have added the above as guideline no 8 under the Option Trading Guidelines given on 23.04.2011.
Kadiyali:
ReplyDeleteThanks for your prompt action
Nifty 6000CE today traded in the range of 35.05 to 18.90.
ReplyDeleteThe trend could change very fast once RBI policy tomorrow is announced.