Hello Friends,
The purpose of this blog is to give one option trading call per month. And here is my first recommendation for April 2011:
Watch Nifty Puts 5700PE/May 2011. It is currently trading at 61. Today's Low is 54.90, and today's High is 68.70.
I will recommend to BUY this Option IF it falls below 40 during next 5 tradings days. Target will be given when I actually give the trading call.
This is only an advance intimation for members to get themselves prepared for a trade.
kadiyali/25.04.2011
The purpose of this blog is to give one option trading call per month. And here is my first recommendation for April 2011:
Watch Nifty Puts 5700PE/May 2011. It is currently trading at 61. Today's Low is 54.90, and today's High is 68.70.
I will recommend to BUY this Option IF it falls below 40 during next 5 tradings days. Target will be given when I actually give the trading call.
This is only an advance intimation for members to get themselves prepared for a trade.
kadiyali/25.04.2011
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Option Trading Call: 29.04.2011: 11.32AM
BUY nifty 6000CE/May 11 now at 39. Target 90.
NOTE: I had recommended above to buy nifty 5700PE/May 11 if it falls below 40 within 5 trading days. However it did not. But I am confident it will within the next few days. If it has to fall below 40, in that case 6000CE/May 11 will have gone up to 90 from the present 39 level. Hence the above trading recommendation.
The trading call now stands modified as follows:
"BUY nifty 6000CE/May 11 below 40 for a target of 90. Upon reaching of the target, BUY nifty 5700PE/May 11 if available below 40. Target for the second part of the trade is 100/120/150."
kadiyali/29.04.2011