Wednesday, June 20, 2012

Nifty Future and Option Trading Strategy


Nifty Update:
Our expert expect Nifty to breakout its 100 points, Nifty trading range of 5040- 5160 going ahead. This range has kept the Nifty locked for the last nine trading days.
Nifty Strong support is 5040 and resistance levels is 5160.

Option Trading strategy:
Trader on Nifty Call Option at strike price 5200 and Put option most active and additional open interest at   
BUY NIFTY 5100 Call above  70 Target 80, 90, 100 stoploss 50 

Most active stock for today:
L&T and BHEL it gained 0.4% and 1.56% respectively after Mint reported that PMO called meeting on duty of power equipment today.

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