Indian Robot Trader

NIFTY Future Technical view (21-05-2013, 08:24 AM)

Posted by realsense india on Tuesday, May 21, 2013
Yesterday I recommended to buy an at the money put option. I think all my subscribers enjoyed the tips. Please don't expect the same miracle from me every day. Because, I am not a magician and I am not even a good technical analyst.
I am just posting my sincere opinion. take it or ignore it. its up to you.

Nifty Future major resistance in at 6255, and support at 6129. Today strategy is Short at the money call option with 3 conditions.
1) Nifty future should not break 6158.
2) execute trade only after 9:30 AM.
3) Check the Nifty Future Volume.
If all these conditions meet, You may consider to wright the At the money call.

Abdul,
Realsense
www.realsenseindia.com


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