Nifty Trading Strategy in Futures and Options

Nifty Spot Price : 5082

Nifty and its technical indicaters are in bearish mood. So Nifty
will try to crack 5000 levels. But technical Support seem to be at
4990 levels or roughly spoken technical support at 16800(sensex). So
one can expect a back from 4990 levels…

Negative : Inflation Results, Yen trading below 104/dollar and weakens
more then weaker market sentiment

Positive Point : Turnaround in Communication Stocks and Rising rupee
against dollar can boost IT stocks further. Rupee closed at
41.75/Dollar

So Here is our Nifty Strategy to Double your Money:

So Once can try Nifty Option June 5200 calls
at the level of 5000 with strict stop loss of 4978
Which is considered as a most safer call at this point of level to
double your money literally.

And if nifty Dips and breaks below 4950 then sure target of 4740
So recommed to take a May-Nifty-4600 Puts
If Nifty Below 4950 short the market with a strict stoploss of 4990
to Double your Money.

If you had any queries then please write to rajandran@gmail.com
Or Stay in touch with our free sms group www.smsgupshup.com/groups/marketbits

Regards,
Rajandran R
Author – MarketCalls

Source:
http://www.marketcalls.in