Wednesday, August 22, 2012

Option and Future Tips, Trading tips


Market trading News:
Yesterday, our market looked good Nifty crossed over 5,400. So, the mood can't be too bad even if we have to deal with a little bit of a pullback today as we start trade. The first major resistance for Nifty is seen at 5,450. As long as Nifty is trading above 5350, one can hold or buy on dip. There was no great information which should have triggered off a correction in global markets.

Option tips, Future calls:
BUY RANBAXY  Call Option 520 above 12 Target 13.50, 15, 16.50 SL 9
Nifty Strike price 5400 has additional Open interest for trading  buy call Option On Dip.
SELL DENA BANK Future below 90.5 Targets 90, 89.5, 89 SL 91.5

1 comment:

  1. ----
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