• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Buy Nifty 5500 put Option Near 49 for February Series

By Bhaveek Patel Leave a Comment

Broader markets saw huge consolidation for last 4 trading sessions, but Nifty seems to be capped by the strong resistance at 5512 (50 DMA on 4 Hr. chart) . As nifty is still trading below 5512 level we expect the selling pressure to pull markets down on every up move, targeting the 5400 zone. So seeing this as a good opportunity we recommend to go long on nifty 5500 put near 49 level for target of 82 and 99. A strong downward momentum is expected once nifty future closes below 5500 level.

So Buy Nifty 5500 put near 49 for targets 82 and 99. Keep stop loss: near 35 level or exit this put option if Nifty futures seems to trade above 5524 level.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Buy Nifty 5500 put Option Near 52 for March Series Broader markets saw huge consolidation for last 2 weeks, but Nifty seems to be capped by the strong resistance near 5555 (50 DMA on 4 Hr chart) . As nifty is still trading below 5555...
  2. Buy Nifty 5500 put Option Near 66 for May 2011 Series, Target 89 Nifty futures has shown a strong downtrend and we are now extremely bearish as technical and fundamentals both are suggesting to enter short positions in current market. This may result in fresh short buildup at...
  3. Buy Nifty 5800 Put Option Near 84 for December Series Broader markets saw strong downtrend, Nifty breaking below its support zone and has already approached its strong support of 5750 level 50 DMA on 4 hour chart. We are sure that nifty will not break...
  4. Buy Nifty 5900 put Option Near 67 for April Series, Target 91 Nifty futures didn’t managed to close above 5888 even the volumes were suggesting fresh short buildup (78.6% retracement level of 4-1-2011 High to 11-2-2011 Low) mark yesterday. This may result in some profit booking, pulling...
  5. Buy Nifty 5400 put Option Near 56 for June 2011 Series, Target 83 Nifty futures has shown a strong downtrend and we are now extremely bearish as technical and fundamentals both are suggesting to enter short positions at current market scenario. This may result in fresh short buildup...

Category: Nifty Option Tags: nifty/ Nifty Analysis/ Nifty Options

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Intraday Stock For 22 Feb 2011: BUY HDIL At 152.5, Target 156.1
Next Post: Short Term Stock: Buy Reliance Industrial Infra (RIIL), Target 773

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean