Markets are in a strong down trend. As suggested earlier every bounce is a shorting opportunity. The global environment especially the Egypt is not good, one should wait till there is some clarity. As American economy is improving, FIIs are removing there investments from India. Adding to it, India is having its own local political issues.One needs to be cautious. I am sharing one option strategy.
Further more, one should go short on TATA MOTORS FEB FUTURES for a target of 1100 with a Stop Loss of 1140 LTP 1133.
One should go short on LARSEN & TUBRO FEB FUTURES for a target of 1525 with a Stop Loss of 1580 LTP 1564.
Enjoy Trading !!!
www.amitsview.blogspot.com
Strategy 1 : Bear Put Spread | |||||||
Buy/Sell | Name | Strike Price | CA/PA | No. of lots | Lot Size | LTP | Total Amount(Rs) |
B | Nifty | 5500 | PA | 4 | 50 | 174.05 | -34810 |
S | Nifty | 5300 | PA | 4 | 50 | 77.1 | 15420 |
Total Investment | -19390 | ||||||
Further more, one should go short on TATA MOTORS FEB FUTURES for a target of 1100 with a Stop Loss of 1140 LTP 1133.
One should go short on LARSEN & TUBRO FEB FUTURES for a target of 1525 with a Stop Loss of 1580 LTP 1564.
Enjoy Trading !!!
www.amitsview.blogspot.com