Tuesday, September 6, 2011

Nifty Weekly Trading

As I post yesterday Nifty range bound moves dont make any positional trade.

Yesterday Nifty range was of just 30 points.

Makes a low in morning session & than a high in in afternoon session.

Its very tricky to trade.

My view buy in dips near to 4950-4900 sl 4870

Sell on rise near to 5050-5100 sl-5130.

Try to be more intra than positional.

Avoid Buying Options in this range bound market.

One can write 5100-5200 Ce & 4800-4700 Pe

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