Here is another nifty options trading idea, buy nifty 4900 put options near 89 level for targets as 139 and then 149 level. Exit strategy will be, if nifty future close above 4900 level then exit this put option and book loss. Idea behind this put options trade is Nifty future is trading near its resistance zone, unless we close above this zone we have bearish stance on nifty in medium term, so ... [Continue Reading]
VWAP can be used to Find Nifty Future Net Long or Net Short Positions
VWAP stands for volume weighted average price, it can help futures trader to find total long or net short positions build on nifty future or bank nifty future. Here it is a bit time consuming task to check net long and net short position as one has to look at VWAP daily. This data needs to be collected from starting of the month, to get better accuracy, now see the collected data to know the VWAP ... [Continue Reading]