Tuesday, January 11, 2011

Nifty likely to Break 5690

I feel market is likely to make new lows in coming days.People should try to en-cash this fall to make money other than loose money.As per my view, I am sharing with you two options strategies.

Strategy   1  :   Bear Call Spread Strategy
Buy/Sell
Name
Strike Price
CA/PA
No. of lots
Lot Size
LTP
Total Amount(Rs)
  S
 Nifty
5700
CA
4
50
140
28000
  B
 Nifty
5800
CA
4
50
87.15
-17430
Strategy   2  :   Bear Put Spread Strategy
Buy/Sell
Name
Strike Price
CA/PA
No. of lots
Lot Size
LTP
Total Amount(Rs)
 B
 Nifty
5800
PA
4
50
132
-26400
 S
 Nifty
5700
PA
4
50
87
17400
  Total Investment                           
1570

Those who are aggressive, can take position in futures.One can short Nifty for a target of 5690 with a stop loss of 5795, SBI for a target of 2481 with a stop loss of  2576, Larsen & Tubro for a target of 1748 with a stop loss of 1810.    
Keep Trading !!!
www.amitsview.blogspot.com

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