NIFTY options trading strategies for 7th jan 2011

hi friends,

              don't know how trading is gonna conducted for tomorrow but i had read the curricular.so the some analysis.As i said week on week basis we we are gonna rise so mild see saw moves should not disturb you.

But as i said monthly resistances are hard to break so i am writing with every rise.

I don't get time to post charts but again tomorrow the game is simple staying above 5 Ema is important it should be a stop loss signal for any buy of call.

First Resistance of 4800 needs to be broken then 4850 zone is the resistance major one in mid terms.so any call buy should target exit of that.Till then lets see what indicators speak.

But soon a major jackpot opportunity will be on cards.I am waiting for markets to rise.to take a mega trade.

Keep a close eye on daily weekly charts for your adjustment of positions.

Still if you have not entered 4800 call Jan series you can enter with SL of 4705 on closing basis.Meanwhile 4850 and writers CALL writers of Jan  series can write more 5100 CALL.

Comments to previous post are replied.

bye