View on Nifty

Nifty tested the upper channel and hence met the target of our earlier posting at 4550. Thereafter it lost tthe gains and dip in negative before recovering to postive territory. If you study candlesticks it shows Doji formation which signifies indecisive ness. In order to rise further nifty needs to break the upper channel with volumes. If nifty goes on red today than it may retrace to 38% to 50% which comes out to the level of 4470 to 4445. Our long term target of 5000 on nifty is still intact

Today upside resistence are 4530 to 4550                                                              

Buy SREI Infra

BUy at 99.5 and target aove 105 to 110 to 115. SL can be placed at 95                                                              

Buy Voltal - Future Cash

Buy Voltas -130, SL- 125 (Previous Close)
Target - 134, 138                                                              

Expect Nifty to Consolidate

Going by Theory of days in the month one can expect Nifty to hover around 4550 to 4400/4450. There would be no major correction and dont expect windfall profits from Shorting. Writing far off option would pay off.

PLEASE LEAVE A COMMENT IF YOU ARE STUCK IN SPECIFIC STOCK AND WE WOULD TELL YOU THE FUTURE ALONG WITH FACE SAVING EXERCISE.                                                              

Nifty Options Call Put Price

Please note that More Links can be found in New Blog.
Nifty NSE Future and Options Quotes/Daily Prices
PLEASE BOOKMARK THIS (BELOW LINK) PAGE :
http://www.mysticmadness.com/nifty-nse-future-and-options-quotesdaily-prices.html


I have many requests from People to give them a link from which they can find the Nifty call and put option price along with Future price. The Link is Below. Please bookmark it as it will help you strategize.

http://www.nseindia.com/content/fo/foquote.htm

Please leave comment in case more help is required.