Targets For 05-March-2015
Nifty Calls:
Current Level: 8922
Buy: Resistance @ 8960
Buy Nifty above 8960, with a target of 8975-85-95, StopLoss: 8960
Sell: Support @ 8885
Buy Nifty above 8960, with a target of 8975-85-95, StopLoss: 8960
Sell: Support @ 8885
Sell Nifty below 8885, with a target of 8870-60-50, StopLoss: 8910
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
Dear intra day nifty call & stock calls used
ReplyDeletefor spot or fut plz expline
Hello 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. As you have mentioned, it is not possible to trade Cnx Nifty but we trade Nifty future and there is no point in taking positions in Equity for intraday. 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, This is same hold good even for stock.
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
Thank you sir
Delete