Nifty has bounced by testing the trend line on 15 minute chart, Also daily chart suggest me of a resistance level which is at 5175 and then 5200 zone. So instead of short selling at that resistance I will buy nifty 5200 put option at 62 level, target will be 74 and 79, I will also exit this strategy if nifty future breaks above 5200 level and book my loss. This strategy has limited risk as we are ... [Continue Reading]
Strong Buy Recommended on Nifty 4600 Put Options, Low Risk Options Trading
For the first time industrial production data came positive also inflation was seen easing in this month. RBI has hinted that it won’t hike interest rates further as it is ok for now to tackle inflation. If we look at global market scenario then, American markets were very good performer as many banks have posited better than expected results, like bank of America. In US retail sales were ... [Continue Reading]