Nifty futures is in downtrend and is more likely to be bearish and so we will be looking for only selling opportunities as long as nifty futures is trading below the 5200 level on 2 days closing basis. So taking the advantage of this down trend we recommend traders to go short in nifty futures near 5170 level or one can accumulate the Nifty 5100 put options and hold it for near term target as 127 and then 155 level. traders can place their stop loss near the 60 level. We have confirmed the down trend with the help of technical analysis and as it is said traders must follow the trend and take the trade in the direction of the daily trend. So this opportunity can also be taken by the nifty options traders, So we advice traders to buy nifty 5100 put option. In near term, we may see strong selling coming in nifty futures below 5180 level. This position is completely based on technical analysis on nifty futures. Taking a look at open interest data we see that long positions has been added in nifty 5100 put option also call writing was witnessed in nifty 5300 call options strikes. This can be very good indicator for taking long positions in nifty 5100 put option. Also the charts of nifty futures states that the recent fall in global markets and in Indian markets was very strong as volumes has increased sharply in last 15 trading sessions. This selling may pause near 4856 level and after trading below this level we see a very strong selling pulling markets near 4686 level. But in between we don’t see any any support in nifty futures.
Free Nifty Options Recommendation:
Buy Nifty 5100 put options near 80 level for targets 127 and then 155 levels. Place stop loss orders just below 60 level or traders may exit this put option if Nifty futures close above 5202 level.
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i buy nifty 5100 put my buy rate is 73 and quantity 100. i sell at 127 as your target. my profit in this is more than 5000 rupees. so much happy i am getting profits from starting of june. i want to know how you generate this tips so much accurately.
Hi trader, its nice to hear that my readers are making profit. We generate these call based on technical analysis combined with fundamental analysis, so signals are very much accurate and hence reliable. 😀
hi i want to know how to invest in call and put option
Dear bhaveek,
i have been keenly reading your site for more than a week now. i am amazed at your accuracy at predicting the movements of nifty. henceforth i will trade on your recommendations. i want to know if you have a paid service for nifty options as well, as i will be very keen to get such advice on a regular basis. Kindly reply.
Hi Shouvik, we don’t offer any paid service right now. If you like our trading style then we can teach you How to generate these calls. Just join our technical analysis course or contact me on +91-9970777789.
Regards,
Bhaveek Patel
i buy nifty 4900 call option, what to do buy more or exit in loss. can nifty bounce from here.
Jagdish you are on the wrong track, you should book full loss in nifty 4900 call option on Monday may be in evening, after the European markets open. As the trend is still bearish and you should not trade against the trend.