Targets for 11-June-2015
Nifty Calls:
Current Level: 8124
Bullish On Maruti Suzuki
Current Level: 8124
Buy: Resistance @ 8150
Buy Nifty above 8150, with a target of 8165-75-85, Stop Loss: 8120
Sell: Support @ 8090
Sell Nifty below 8090, with a target of 8077-65-55, Stop Loss: 8110
Buy: Resistance @ 8150
Buy Nifty above 8150, with a target of 8165-75-85, Stop Loss: 8120
Sell: Support @ 8090
Sell Nifty below 8090, with a target of 8077-65-55, Stop Loss: 8110
Buy Nifty above 8150, with a target of 8165-75-85, Stop Loss: 8120
Sell: Support @ 8090
Sell Nifty below 8090, with a target of 8077-65-55, Stop Loss: 8110
Stock Calls:
Buy Tech Mahindra Above 560
Current Market Price: 556
Target: 565-70-75
Stop Loss: 555
Stop Loss: 555
Buy Voltas Above 345
Current Market Price: 343
Target: 348-50-52
Stop Loss: 342.5
Stop Loss: 342.5
Bullish On Maruti Suzuki
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
This is nifty levels. Then how can we trade in nifty future? Please explain
ReplyDeleteHello sir,
DeleteAs we know all the stock futures and options have prices traded based on the underlying security.
In case of stock futures the Stock-EQ itself is the underlying security, similarly for Nifty future, Cnx Nifty is the underlying security.
So when CNX nifty crosses the mentioned level u can go long or short on Nifty future and book profit when CNX Nifty reaches the target.
The problem on taking a call on future is that they will have changing premium For Ex: When CNX Nifty goes up by 20 points today, nifty future may go up by ,25 points and tomorrow CNX Nifty may go up by 20 points where as future may go up only by 13 points So the calls mentioned on this blog will be for Stock-EQ or the index itself.
Thank You