Nifty futures has been quite volatile for almost three months now. We are just seeing a sideways move just before a new/fresh upside move. In this type of scenario we find trading in options quite risky, so to improve decision making we have introduced a new trading style in nifty options using Open interest. Yes, by using open interest data correctly any trader can generate handsome ... [Continue Reading]
Nifty Futures Has Near Term Support at 5160 level, Trade Long in Nifty Futures Near 5170 level
Last two weeks for Nifty futures were good as it peaked at 5400 level, but as we know that markets are still in downtrend so we have seen selling coming at higher levels. Today Nifty futures approached its strong support of 5170 (earlier strong resistance) level. So we are of the view that bounce must be ahead and some small consolidation in today's session must be seen, so traders can take and ... [Continue Reading]