Nifty Trdae for 28-Jan-2010

Hello Friends
Sorry for not posting yesterday due to electric problem at my native place.
Profit calculation on Option Hedging Strategy.
A.Nf 4800Ce-172 (sold @ 275)+103
B.Nf 5100Pe-312 (sold @ 200)-112
C.Nf Future Short@ 4950-4848=102

Total profit A+B+C=93 Points.
Target 200 points till 5-9 feb.

Nf trades for 28-01-10
As today is expiry so be very cautious.
Nf is in very over sold teritory a bounce up to 4950-4980 levels intra can be expected,but overall sentiment is still low so trade with strict Sl.
Going long
Buy Nf above 4920 sl 4905 T-4950-4980
Short Nf below 4880 sl 4905 T-4850-4840-4800.

Next month Strategy for Nf option will be disclosed soon.


Look at Nf 4700Pe &5100Ce for nxt month.
If Nf reaches near to 5000 buy 4700 Pe &hold it till 10 Feb.
Or Nf reaches near to 4600 Buy 5100 Ce & hold it till expiry.
Hope earn in both Options this month.

Trading Safe & Enjoy Profits.