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 !!!
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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 !!!
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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 !!!

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Volatile days Ahead

I am still of the view that Nifty may touch 5567 on the downside. I feel one needs  to be cautious at this point of time.I am sharing with you two strategies where in case if Nifty goes up, one will reduce their loss by buying Nifty Call option.

Strategy   1  :   Bear Put Spread Strategy
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5900	PA	6	50	249.3	-74790
S	Nifty	5600	PA	6	50	59.25	17775
Strategy   2  :   Long Call
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5700	CA	2	50	62	-6200
					Total Investment		-63215

One can still carry on their shorts on ONGC, with a stoploss of 1192, LTP(1170.4)


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Nifty in Strong downtrend !!!

Nifty has broken a crucial support of 5690 on the downside.Now it has a support at 5567, chances are that Nifty may touch or even break this support.One should short the Nifty on every rise.As per my view, I am sharing with you two options strategies.

Strategy   1  :   Bear Put Spread Strategy
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5900	PA	6	50	271	-81300
S	Nifty	5600	PA	6	50	77.8	23340
Strategy   2  :   Long Put
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5700	PA	8	50	125	-50000
					Total Investment		-107960

One can short ONGC in futures for a target of 1148 with  Stop Loss of  1192.
LTP ( Last Traded Price ) 1178.

Keep Trading !!!
amitsview.blogspot.com