Friday, April 16, 2010

Nifty trade for 16-4-10

Good Morning Friends
I hope u all enjoy Yesterday short call in Nf 5345, all targets achived.
Trades for today.
Buy Nf @ 5252 Sl-5238 T-5275,5290,5310
Short Nf @ 5315 Sl-5335 T-5290,5275
Long call can give more profits but be cautious keep sl.

Calculation of profit on Option heding Strategy
Short 5100Ce @ 230-204(closing price)=26
Short 5400Pe @ 175-150 (closing Price)=25
Nifty long From 5300-5278 (booked out of long @ 5300)
Total Profit- 26+25=51 points
target 200 points till 25 april.

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