Monthly Review, September 26, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

September 26, 2013
Time: 9.45 pm.

Monthly Review:

1. In our article "September Outlook" on 29th August 2013, we mentioned that the Nifty is likely to trade between 5100 and 5800.
2. But Nifty overshot the range mainly because of the Fed decision not to taper.
3. Bank Nifty shot up nearly 8% and that took the Nifty also beyond 6000.
4. We suggested selling Put options in Reliance, Axis Bank, HDFC, all gave full profit.
5. We also suggested Infy call option and that also gave full profit.
6. We also suggested to buy Tata Motors call option and there was a very good profit.
7. Along the way we suggested a number of options, all did well except Axis Bank put option which ended up in loss.
8. We have given covered call suggestion for Tata Motors which gave a profit of over Rs 20000.
9. If you are investing based on our outlook, please follow the blog closely in order to rejig the folio here and there.
10. It was an easy call in September. All strategies worked very well. Let us see how October goes.