Tuesday, January 4, 2011

Market is still in a Strong Uptrend

As per my previous blog, I am still maintaining my view of Nifty touching 6200 in coming days.People who are long on Nifty may continue their long position with a stop loss of 6120.Accordingly, I am giving you two strategies, one where I am selling Nifty PUT option and in other I am buying Nifty CALL option.People can still follow my yesterday's strategy.

Strategy 1 : Short Put

Buy/Sell

Name

Strike Price

CA/PA

No. of lots

Lot Size

LTP

Total Amount(Rs)

S

Nifty

6200

PA

4

50

101.4

20280

Strategy 2 : Long Call

Buy/Sell

Name

Strike Price

CA/PA

No. of lots

Lot Size

LTP

Total Amount(Rs)

B

Nifty

6100

CA

4

50

140

-28000

Total Investment

-7720

No comments:

Post a Comment