28 Jul 15
Stop-loss short positions at 8,410. Stop-loss long positions at 8,290.A strangle of long 8,400c (25), long 8,300p (20) has just two sessions to expiry but it could gain handsomely on a big session.
27 Jul 15
Stop-loss long positions at 8,290. Stop- short positions at 8,455. A long 8,300p (25), short 8,200p (10) costs 15, It could gain 15-20 if 8,300 is struck.
Market closed weekly in negative territory. It made one more attempt to surpass crucial resistance zone of 8650-8680 levels on nifty on Wednesday last week. It made a high of 8654.75 levels on nifty & 28,578.33 levels on sensex.
24 Jul 15
Stop-loss long positions at 8,520. Stop-short positions at 8,680. A big move could go till 8,725, 8,475. A long 8,600p (61), short 8,500p(27) costs 34. It could gain 15-20 if support at 8,520 is tested.
22 Jul 15
Stop-loss long positions at 8,565. Stop-short positions at 8,705. A long 8,700 (14), short 8,800c (3) is very cheap due to expiry. it could multiply if 8,700 is tested.
Near Term: Support on charts is expected around 8500.00, best trading strategy for traders would be buy on dips.
21 Jul 15
Stop-loss long position at 8,545. Stop-short positions at 8,701.Big moves could go till 8,475 or 8,725. A long 8,700c (37), short 8,800c (14) could gain 10-15 if 8,700 is hit.
16 Jul 15
Stop-loss short positions at 8,675. Stop-long positions at 8,545. Big moves could go till 8,475, 8,750. Trend seems bullish. A long 8,600c (97), short 8,700c (48) could gain 15-20 if 8,700 is struck.
Near Term: Trend is up on charts best trading strategy would be buy on dips.
15 Jul 15
Stop-loss long positions at 8,475. Stop-short positions at 8,625. A long 8,600c (64), short 8,700c (32) could gain 10-15 if 8,600 is struck.
Stop-long positions at 8,525. Stop-short positions at 8,375. Big moves could go till 8,325 or 8,575. A long 8,400p (76), short 8,300p (46) could gain 10-15 if 8,400is struck.
13 Jul 15
Stop-loss short positions at 8,555.Stop- long positions at 8,400. A big move could go till 8,600 or till 8,350.A long 8,600c (52), short 8,700c (27) costs 25 and it could gain 10-15 on a big upmove.
The Nifty closed weekly in negative territory after consecutive advance of preceding three weeks. It has achieved my first short term targets of 8530 levels as expected in this pull back rally. It made a high of 8561.35 levels during week.
09 Jul 15
Stop-loss short positions at 18,700. Stop-loss long positions at 18,450.A big session could hit 18,275 or 18,875. A positive trend is a little more likely.
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