NIFTY options trading strategies for 19th December 2011

hi friends,

               Nice bull meat is being enjoyed by FII's as i said in last post more the people believe that one particular level has nice OI to act like a Wall is not at all true.It the process of make people believe one thing and then do the other.We just have to make sure two things most of the times.

During huge rallies and falls always follow 2 rules

1)be invested in whatever small quantity on right side of market

2)else don't be invested at all and enjoy being spectator at times.

people constantly want to be in trades and give stop loss. Options  at the end of year you will realize that stop loss trades account for 50% of ur trades and they make ur overall net position for the year nil.

My position rite now 4 lots shorted 5100 JAN SERIES when we were at 4800 when i had said write calls.

one put buy which i said risky for buyers make ur judgemental call going on.

Tomorrow game is simple.we are not waiting for more confirmation.Very limited quantity enter 4500 put but dont push the button like 10 lots or so.

I will let u know once we reach extremes and that time i am gonna enter big time.

happy trading.