There is lots of speculation in markets about the plans that will come out of the EU summit, most of the traders chose not to trade till there is any clear outlook from meeting. We think this is best time to make good amount of money with this high risk event (EU Summit). We will deploy breakout strategy on Nifty options, traders must buy Nifty 5000 Call options and 4800 Put options (Both) with total premium not exceeding 180. However, traders should book 75% of profit in this strategy when total premium is 245 and hold rest positions for target of 265 (Total premium). Even though this is high probability trade setup, Stop loss is recommended as: Exit this strategy if total premium drops to 145. This is low risk strategy, we know outcome from European Union (EU) Summit will give a breakout in either direction, may be positive or negative. The strength of breakout will completely depend upon the news flow from EU Summit.
In Asian session, we are seeing selling pressure across the global financial markets, because traders are off loading their positions from risky assets and taking long positions in USD (As it is safe heaven in uncertain events). We advice traders to exit all the trading positions in future contracts, as it might be very risky as well. Today we will see nifty futures taking cues from the European region, follow the movements from Germany’s DAX index.
Nifty Options Jackpot Strategy: Buy Nifty 5000 Call options and 4800 Put options with total premium below 180, target will be total premium of 245 and 265. Exit this strategy if total premium goes below 145.
Ournifty your nifty tips are just superb, I have always made money. I want to know will nifty fall more, if yes then what will be downside target for December. I am short on nifty future (10 lots = 500 quantity) and also holding same amount of nifty 4800 put options. Both positions are in huge profit. kindly suggest what can be done now.
Bhaveek Patel says
Sir, Good to hear that you are in huge profit, In our opinion you must book partial profits (square off 50% of positions) and hold rest positions with stop loss in your comfort zone. As you have not mentioned your entry level, We cannot advice the stop loss level.
OurNifty.com Support Team.
I have nifty4800fut 200nos in Rs. 65/-, but market come up side what can I do
After the RBI Policy it’s go down?