nifty cmp 8755
i expect a medium term target around 10000,probably 10400-500 or even 11000...
after which a bigger correction may occur..
also i dont rule out the chances of 'crash' like 2008 or 2011 type..
estimated timeframe- around 2015 end or 2016
these are my estimates of the medium term timeframes..
more accurately i can tell only,if and when, my short term predictions come correct...
short term trading calls-
BUY NIFTY AROUND 8700-8650 WITH STOPLOSS OF 8600 FOR TARGETS OF 9000,9200 OR HIGHER LEVELS, TIMEFRAME 1ST WEEK OF MARCH(ALL SPOT LEVELS)
OPTION TRADE-BUY 8800 NIFTY MARCH CALL @180-200. AVERAGE UPTO 160 LEVELS, WITH STOPLOSS OF 135, FOR TARGET 250,280,300+
i expect a medium term target around 10000,probably 10400-500 or even 11000...
after which a bigger correction may occur..
also i dont rule out the chances of 'crash' like 2008 or 2011 type..
estimated timeframe- around 2015 end or 2016
these are my estimates of the medium term timeframes..
more accurately i can tell only,if and when, my short term predictions come correct...
short term trading calls-
BUY NIFTY AROUND 8700-8650 WITH STOPLOSS OF 8600 FOR TARGETS OF 9000,9200 OR HIGHER LEVELS, TIMEFRAME 1ST WEEK OF MARCH(ALL SPOT LEVELS)
OPTION TRADE-BUY 8800 NIFTY MARCH CALL @180-200. AVERAGE UPTO 160 LEVELS, WITH STOPLOSS OF 135, FOR TARGET 250,280,300+
Bought at 8750 and 215 respectively
ReplyDelete8800 march call low exact 200..
ReplyDeleteNifty low 8726..
High 8840 from yesterday low 8726..
ReplyDeleteCall option hit 1st target,high 262
Yesterday call option low 159(thereby triggering all buy levels)
ReplyDeleteAvg price:(200+180+160)/3=180
Spot low 8659(hitting first buying level and close to second buying level)
Avg futures price estimated 8680 spot
Now, spot stoploss is 8625
Whereas safe option traders may book position now,cmp 185
Nifty crossed 8800 from 8680,120 points done
ReplyDeleteCall high 217 from 180
Spot high 8830
ReplyDeleteCall high 234
Low risk takers can book today at/above 8840 spot
High 8856 spot
ReplyDeleteAnd call high 244!!!
Spot:From 8680 to 8919
ReplyDeleteCall option: from 180 to 283
Time to book profits as high volatility expected
the ongoing correction will take nifty towards 8846 atleast..
ReplyDeleteignore my previous view..
ReplyDeletevolatility decreasing now..again come to buying position. cmp 8815 spot
ReplyDeletestoploss 8650 spot
ReplyDeleteClosing 8920,100+ points done!
ReplyDelete