--Nifty May future discount converted to premium of 2 points so cost of carry increased.
--Nifty open interest decreased by 1.3 lacs suggests short covering. (Total OI now at 3.89 cr)
--3600 puts had open interest of 32 lacs and 3800 calls had open interest of 36 lacs, so 3600 and 3800 will be important levels to watch for.
--India VIX closed at 57.02, increased by 4% suggests instability and uncertainity.
--US markets closed in green.
--Positional strategy for nifty—
---IDEAL STRATEGY—LONG.
---CLOSING STOPLOSS FOR LONG—3603.
---CLOSING STOPLOSS FOR SHORT—3707.
--Nifty open interest decreased by 1.3 lacs suggests short covering. (Total OI now at 3.89 cr)
--3600 puts had open interest of 32 lacs and 3800 calls had open interest of 36 lacs, so 3600 and 3800 will be important levels to watch for.
--India VIX closed at 57.02, increased by 4% suggests instability and uncertainity.
--US markets closed in green.
--Positional strategy for nifty—
---IDEAL STRATEGY—LONG.
---CLOSING STOPLOSS FOR LONG—3603.
---CLOSING STOPLOSS FOR SHORT—3707.
1 comment:
MAX PROFITS TRADING JUST NIFTY,NOTHING ELSE..!!
http://www.niftyviews.com/
Hi Friends,we have high success rate in nifty calls,our testimonial is our clients with whom you can chat online in
our live chat.
We dont just trade, we create wealth.
Every small and big investors can make money through our nifty calls, trade from 2 to 20 lots to get huge profits
consistently.
We top it up with attractive rates which you will make up by just trading 1 call.
Yes, we are that confident of our calls.
Come online to our 24hrs free chatroom where 200++ members trade together at: www.niftyviews.com
Also check the performance before you suscribe at: http://tsrnifty.blogspot.com/
FOR PAYMENT DETAILS http://groups.google.com/group/STOCKRESEARCHER/web/payment-details
Join our Google group: http://groups.google.com/group/STOCKRESEARCHER
Add me on orkut for daily updates: http://www.orkut.com/Profile.aspx?uid=1619632468359550031
For free calls on your cell phone
SMS- JOIN Sresearchers and send to 567678
Or SMS ON Sresearchers to 09870807070
Post a Comment