Thursday, September 30, 2010

Nifty & BNF Camarilla levels

Nf Camrilla levels
H5 6083

H4 6042 Long breakout
H3 6017 SHORT
H2 6008
H1 6000

L1 5983
L2 5974
L3 5966 LONG
L4 5941 Short breakout
L5 5899

Bnak Nf Camarilla levels
H5 12359

H4 12304 Long breakout
H3 12271 SHORT
H2 12260
H1 12249

L1 12226
L2 12215
L3 12204 LONG
L4 12171 Short breakout
L5 12116

Update on Nifty Option Hedging Strategy

Sold 5700 Ce @ 245-367=-122

Sold 6000 Pe @ 210-124=86

Bought Nf @ 5900-6000=100

Total MTM- -122+86+100=64 points

Target 200 points in 10-15 days

Wednesday, September 29, 2010

Nifty & BNF Camrilla Levels

Nf camarilla levels
H5 6088

H4 6062 Long breakout
H3 6046 SHORT
H2 6040
H1 6035

L1 6024
L2 6019
L3 6013 LONG
L4 5997 Short breakout
L5 5971

BNF Camarilla levels
H5 12406

H4 12345 Long breakout
H3 12309 SHORT
H2 12297
H1 12285

L1 12260
L2 12248
L3 12236 LONG
L4 12200 Short breakout
L5 12139

Update on Nf Option Hedging Strategy

Sold 5700 Ce @ 245-399=-154

Sold 6000 Pe @ 210-105=105

Bought Nf @ 5900-6055=155

Total MTM- --154+105+155=106 points

Target 200 points in 10-15 days

Tuesday, September 28, 2010

Update on Nf Option Hedging Strategy

Sold 5700 Ce @ 245-414=-169


Sold 6000 Pe @ 210-111=99

Bought Nf @ 5900-6053=153

Total MTM- --169+99+153=83 points

Target 200 points in 10-15 days

Nifty & BNF Camrilla Levels

Nf camarilla Levels
H5 6091
H4 6066 Long breakout
H3 6051 SHORT
H2 6046
H1 6041

L1 6031
L2 6026
L3 6020 LONG
L4 6005 Short breakout
L5 5980

Bank Nf Levels

H5 12436
H4 12368 Long breakout
H3 12327 SHORT
H2 12314
H1 12300

L1 12273
L2 12259
L3 12245 LONG
L4 12204 Short breakout
L5 12137

Monday, September 27, 2010

Update on Nf Option Hedging Strategy

Sold 5700 Ce @ 245-391=-146
Sold 6000 Pe @ 210-121=89
Bought Nf @ 5900-6034=134
Total MTM- --146+89+134=77 points
Target 200 points in 10-15 days

Friday, September 24, 2010

Update on Nf Option Hedging Strategy

Update on Nf Option Hedging Strategy

Sorry Friends for late update as I was out for a Family Holiday.

Sold 5700 Ce @ 245-355=-110
Sold 6000 Pe @ 210-163=47
Bought Nf @ 5900-5971=71

Total MTM--110+47+71=8 points

Target 200 points in 10-15 days

Friday, September 17, 2010

Nifty & BankNf Camrilla Levels to Trade

Nifty Levels

H5 5915
H4 5876 Long breakout
H3 5852 SHORT
H2 5844
H1 5837

L1 5821
L2 5813
L3 5805 LONG
L4 5781 Short breakout
L5 5743

Bank Nf Levels

H5 12310
H4 12184 Long breakout
H3 12108 SHORT
H2 12083
H1 12057
L1 12007
L2 11981
L3 11956 LONG
L4 11880 Short breakout
L5 11754

Updtae on Nf option Hedging Strategy

Updtae on Nf option Hedging Strategy

Sold 5700 Ce @ 245-231=14
Sold 6000 Pe @ 210-209=1
Sold Nf @ 5850-5842=8
Total MTM-14+1+8=23 points
Target 200 points in 10-15 days

Thursday, September 16, 2010

Nifty / BankNf trading with camirilla levels

Nf Camarilla levels
H5 5928
H4 5898 Long breakout
H3 5879 SHORT
H2 5873
H1 5867

L1 5855
L2 5849
L3 5843 LONG
L4 5824 Short breakout
L5 5794

Bank Nf levels
H5 12093
H4 12045 Long breakout
H3 12016 SHORT
H2 12007
H1 11997

L1 11978
L2 11968
L3 11959 LONG
L4 11930 Short breakout
L5 11882

Nifty option Hedging Strategy

Short Nf 5700 Oct.Ce @ 240-250
Short Nf 6000 Oct.Pe @ 200-210
Premium recieved nearly-455 points

For Hedging these shorted options.
Short Nf Below 5850
Long Nf above 5900

Target -200 points in 10-15 days

Thursday, September 9, 2010

Sunday, September 5, 2010

NF trades as per Camrilla Levels

Nf Trade

H5 5516
H4 5500 Long breakout
H3 5490 SHORT
H2 5486
H1 5483

L1 5476
L2 5473
L3 5469 LONG
L4 5459 Short breakout
L5 5443

Bank NF

H5 11070
H4 11034 Long breakout
H3 11013 SHORT
H2 11006
H1 10998
L1 10984
L2 10977
L3 10970 LONG
L4 10948 Short breakout
L5 10913

Nifty & Bank Nf View for Monday

Nifty facing stiff resistence @ 5500 level.

If cross we may see Nf agin in the range of 5510-5540
As per Rsi it is in bull mode & after cooling off now it start rise towards 5540-5550 level in this week.
If able to sustain & close above 5555 we can see Nf much higher levels along with short covering towards 5600++ .
One can Long Nf above 5510 with sl 5495 T-5540,5550

BankNf also in its bull ride heading towards 11100,11250 level.
If Global cues suport we may find BNF towards new highs in this week.
It has some resistence in the zone of 11000-11050.
One can initiate Long BNF above 11050 with sl of 11020 T-11140-11200 level.

Few Futures Trades for Nxt Week

Buy ONGC Fut. @ 1318-1324 Sl-1310 T-1332,1345,1352

Buy Hdil Fut. @ 266 SL-260 T-269,272,280

Buy Dlf Fut. @ 313 SL-308 T-320

Buy Axis bank fut. @ 1370 Sl-1362 T-1378,1385,1400
Ongc at presently trading in a stiff range & manipulated mainly by crude prices.

Whenever Crude rises near to $75 it also rises & whenever crude falls It also falls near to its support level of 1310-1300.

Dlf & Hdil both move now after consolidation & try to take out there previous resistence. A lot of short covering going in both of these counters with reduce in OI & increase in price.

Axis bank is in a continuation bull run towards its new52 week highs,one can take position in it with strict sl for higher levels