Ho to use the intraday Calls.

 

Example: today I had mentioned Bullish bearish Boarder of 5810.

 

1. DO NOT  PUT TRIGGER / stop loss buy/sell orders exactly at that price…
2. Wait and see if it sustains above it for 5-10 min. If so, buy a Call.
3. If NIFTY is around 5800, and point no 2 is satisfied, Buy call of 5900 and put a stop of Rs.10, so that your risk is limited to Rs.500.
4. In the same way, if NIFTY sustains, below that value, for 5-10 min, and NIFTY is around 5800, buy Put of 5700 and put stop of Rs.10 away from your Put price.
5. This method limits you loss to Rs.500 and a descent profit, if NIFTY sustains the move.
6. Note that intraday trades are risky and hence limit your position size. Pl read the disclaimer.

 

 

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES