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

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