NIFTY options trading strategies for november 25th november 2011

hi friends,

              Things are going great till now hope u are following the blog and having nice run.we are purposely not entering the danger zone with any nasty trades.So be safe and enter safe.

One small favour i always expect if u feel u r earning some bucks following this blog do take few minutes to send a link to your blog,facebook,ur emailing lists,your yahoo groups as favour to me.

One more request dont post comments as anonymous altho its enabled.If u have account post it in ur name.

Now going ahead looks like again 4640 zone hit and support taken and just hopes that no more turbulence is left in November.My charts speak of  bounce now I hope that u have entered 4300 put writing as safe bet.

Risk of buying calls like 4900 has reduced so now u can enter calls but not too much.when we will get reversal i cant say rite now..SO enter in turbulence climate wtih only 50% of ur capital.

Now going ahead trades are entering again 4300 only if not entered earlier December series or those who have already entered 4300 then they can enter 4900 calls December.Start of square off point is 4900 zone.where one small turbulence is expected.

watch out we need to cross 4710 and 4780 hurdles as early as possible else doom is inevitable.

be careful.

enjoy trading.

bye

NIFTY options trading strategies for november 24th november 2011

hi friends,

               All those people who had dropped comments have been replied see the respective threads.

One small favour i always expect if u feel u r earning some bucks following this blog do take few minutes to send a link to your blog,facebook,ur emailing lists,your yahoo groups as favour to me.

You call it technicals or co incidence but as i told neckline is at 4620-4650 zone in the Monday strategies post and classically we had bounce from 4640 levels.

Mutual funds have bot 950crores in cash so the bounce ,naturally that also i had explained in that post as we are at classic mutual fund buy levels.

Now i had told already that i will not advice anyone to buy puts unless we get confirmation.All call writers are still holding as 5200 call didnt hit 10 rs.Nothing much matters as even if u exit at 12 bucks is not a crime but that time we should have something to buy or write.

Simple thought markets has made new 2 years low.Markets are all below most moving averages.

But my charts show we are soon hitting the oversold zone so we expect a bounce now but when cant be said it can happen at 4500 or some fall to 4600 again and bounce.

So instead of bottom fishing we do simple trick to write 4300 December puts.

Risky traders(not me)  can start buyin close calls like 4700 call and expect some bounce rally to catch but this is like playing a casino chances of winning in this trade is 5%.One should assess his risks and decide.

Rest keep your replies comments and feedback pouring.

bye.

NIFTY options trading strategies for november 23rd november 2011

hi friends

I have commented on my previous posts which you can see it if u want.I may not be able to reply to each small moves that happen.If u r reading blog u will be knowing levels and how to act.

One small favour i always expect if u feel u r earning some bucks following this blog do take few minutes to send a link to your blog,facebook,ur emailing lists,your yahoo groups as favour to me.

Now as i said middle zone is always danger zone ,nothing is known which side markets will go and so advising something to buy to create sensation is not a good traders act.

options trader has to be cautious during this middle undecided or major support zone.

Now what to do.

Even if we get a small bounce ahead no need to worry.

all our 4600 put buyers who were asked to square off must had squared off and all those call writers who were asked to exit at 10 bucks also must be holding we have not hit 10 bucks yet.

If you are a buyer then u have to no choice to be safe or enter risky trade like entering some call buy i dont recommend it at all.This is for only rich traders who have money in bag.Usually its proved that major support zone attracts bounce but today's bounce had no steam and we eventually gave up.

put call ratio has also reached bottoms or lowest levels.so bearish is still left

Still some fall is left if u want a safe trade write 5300 call December or 5200 call December.

Still nothing yet is resolved.Lets see if we break 5200 on top or 4700 on bottom.So wait and watch.Once direction is decided we enter in full swing.

When nifty does time pass its best to write calls and eat time premiums.

rest remains the same

enjoy bye tc .