Nifty futures has turned bearish last week and since the confirmation of this trend we are looking for selling in the index futures especially nifty futures august series, So this opportunity can also be taken by the nifty options traders, So we advice traders to buy nifty 5400 put option near 72 level for a weekly targets as 92 and 109 levels, It is also recommended to place a stop loss near 66 ... [Continue Reading]
Nifty Futures Trading Intraday Tips For 24 June 2011, Sell below 5415 Target 5353
Today at 10:35 AM Nifty futures is trading higher about 60 points or 1.7%. But we see the price action is still below the major resistance zone suggesting that there is still some downside and we are sure that nifty futures will find the resistance at these (5415) level. So once nifty reach near 5415 level one can go short on nifty futures for the target of 5350 5323 levels also placing the stop ... [Continue Reading]
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 at every up move, pulling nifty towards 5402 and then 5279 levels. As nifty is now strongly heading downwards targeting the 5279 zone, we expect nifty to break 5400 levels soon in ... [Continue Reading]