Sunday, February 6, 2011

Nifty may break 5350 on the downside

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.


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

Tuesday, February 1, 2011

Nifty May find it difficult to sustain Higher Levels !!!

Nifty has bounced back from the lows and was successful in closing above 5500. But I am still of the view that the market is in a downtrend.One should short Nifty on every bounce. As per my view I am sharing with you one option strategy.
Strategy   1  :   Short Strangle
Buy/Sell
     Name
Strike Price
CA/PA
No. of lots
Lot Size
LTP
Total Amount(Rs)
 S
Nifty
5400
 PA
2
50
72.65
7256
 S
Nifty
5600
 CA
2
50
81.5
8150
  Total Investment                           
15406


Keep Trading !!!
www.amitsview.blogspot.com

Friday, January 28, 2011

Nifty may touch 5550

       Nifty in a strong downtrend. One should short Nifty on every rise as there is still a worry of Inflation, Corruption. One should wait to invest for a long term as Nifty may slide further.I am sharing with you 2 Futures idea.

1. Short TATASTEEL FEB Futures for a target of  630 with a Stop Loss of  650 LTP 642 .
2. Short  LARSEN & TUBRO FEB Futures for a target of 1619 with a Stop Loss of  1660 LTP 1650 .


Keep Trading !!!
www.amitsview.blogspot.com

Sunday, January 23, 2011

Monetary Policy will play Crucial Role in this Week

Nifty may break down in coming days. One needs to be cautious as there is monetary policy on Tuesday. One should not go aggressively long or short on the market. There may be volatility going ahead as there is expiry in this week.I am sharing with you two futures strategy rather than the option strategy.

Short TCS February Futures @ 1217.55 for a target of 1196 with a Stop Loss of 1220.10 ,
Short MPHASIS February Futures @ 688.8 for a target of 675 with a Stop Loss of  696 .

Keep Trading !!!
www.amitsview.blogspot.com

Tuesday, January 18, 2011

Market in a Choppy Mode

Market may remain in a choppy mode.From last few days there is a lot of volatility in the market, but Nifty managed to go up and closed above 5700.  Nifty may touch 5752 on the upside.One should not go aggressively long on the market. I am sharing with you one option strategy.

Strategy   1  :   Bull Call Spread Strategy
Buy/Sell
     Name
Strike Price
CA/PA
No. of lots
Lot Size
LTP
Total Amount(Rs)
 B
Nifty
5700
 CA
2
50
86
-8600
 S
Nifty
5800
 CA
2
50
38
3800
  Total Investment                           
-4800

  
Enjoy Trading !!!
www.amitsview.blogspot.com