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Buy Nifty 6000 Put Option Near 97 for December Series

By Bhaveek Patel Leave a Comment

After 4 days of gaining streak, we see profit booking is likely may be today, So Buy Nifty 6000 put near 97 for targets 119 and 138. Keep stoploss: near 81 level or exit this put option if Nifty futures trade above 6042 level.

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    1. 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...
    2. Buy Nifty 6000 Call Above 121 for November Series On Friday (12-11-2010), we saw nifty breaching just above its 50 DMA (Strong support level) of 6020. We are again expecting a bounce from our current levels, considering a limited downside. A breakout is expected...
    3. Buy Nifty 5900 Call Near 89 for December Series Broader markets saw very negative trend, Nifty breaking below its support zone and has already approched its strong support of 5728 level. 50 DMA on 4 hour chart. We are sure that nifty will not...
    4. Buy Nifty 5500 put Option Near 49 for February Series 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...
    5. 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...

    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.

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