10 JAN 2010 (FROM THE ANALYST):
It was a very tricky week with daily GAP-UPs and very small range daily. We really struggled to get a good opening to get good returns esp. in OPTIONS as Nifty was badly stuck in a range on most of the days. And whenever Nifty gave the opportunity we used it fully May be the early opening i.e. change in market timings has to do something with this, as market is taking time getting used to the change. Also, the change in MID-DAY call might have to change. We think it will be back to normal again !!!
We also had to give a Stock Option HINDALCO 170 CA with 100% returns intraday, just to make sure that we dont suffer too much due to rangebound Nifty. We make sure to give calls with only 20,000 investment on a daily basis.
Overall, we are looking at a relatively tricky situation with lot of compression and break-out waiting to happen in either direction - BULL or BEAR >> We dont care but we will sure have good intraday ranges in Nifty.
FREE NIFTY POSITIONAL CALLS:
04 JAN: Booked Nifty @ 5200 open from 5000 = 200 Points
04 JAN: Buy Nifty @ 5215 (SL 5175) for 5270 - 5310
06 JAN: Booked @ 5295 = 80 Points
GAIN:280 Points this week with 2 entries in a rangebound week
FREE DAILY PREMARKET LEVELS:
The week gave an opportunity to gain about 190 this week from the suggested premarket strategies & MAGIC LEVELS. See below for the day-wise details below.
As written earlier too, you might expect to get 75% opprotunites to be used & another 75% of them to be closed successfully. So, 75% of 251 = 150 & 75% of 251 = 100 Points.
Thats about 100 - 120 Points in a week - FREE with even average strategic trading!!!!
Lets enjoy Nifty'ing !!!!
It was a very tricky week with daily GAP-UPs and very small range daily. We really struggled to get a good opening to get good returns esp. in OPTIONS as Nifty was badly stuck in a range on most of the days. And whenever Nifty gave the opportunity we used it fully May be the early opening i.e. change in market timings has to do something with this, as market is taking time getting used to the change. Also, the change in MID-DAY call might have to change. We think it will be back to normal again !!!
We also had to give a Stock Option HINDALCO 170 CA with 100% returns intraday, just to make sure that we dont suffer too much due to rangebound Nifty. We make sure to give calls with only 20,000 investment on a daily basis.
Overall, we are looking at a relatively tricky situation with lot of compression and break-out waiting to happen in either direction - BULL or BEAR >> We dont care but we will sure have good intraday ranges in Nifty.
FREE NIFTY POSITIONAL CALLS:
04 JAN: Booked Nifty @ 5200 open from 5000 = 200 Points
04 JAN: Buy Nifty @ 5215 (SL 5175) for 5270 - 5310
06 JAN: Booked @ 5295 = 80 Points
GAIN:280 Points this week with 2 entries in a rangebound week
FREE DAILY PREMARKET LEVELS:
The week gave an opportunity to gain about 190 this week from the suggested premarket strategies & MAGIC LEVELS. See below for the day-wise details below.
As written earlier too, you might expect to get 75% opprotunites to be used & another 75% of them to be closed successfully. So, 75% of 251 = 150 & 75% of 251 = 100 Points.
Thats about 100 - 120 Points in a week - FREE with even average strategic trading!!!!
Lets enjoy Nifty'ing !!!!