Nifty Key levels for day traders

[linkon7]

4830 is the trend decider for the day

 

[linkon7]

shorted 4800 call at 83
shorted 4900 put at 47

total premium = 130

BEP =====> 4770-4930
not bad odds

 

[linkon7]

infact, 4800 put short... and 4900 call shot..gives better BEP...

35 points....

4765-4935

 

[linkon7]

4900 put is trading at a 20 point premium...
5100 put is trading at 1 point premium...

Take advantage..
buy 5100 put and sell 4900 put

risk starts if we close the series above 4920 only....

 

[linkon7]

double bottom...triple bottom...but Penta bottom at 4861.... thats ridiculous...!:rofl::lol:

 

[scplindia]

4861 cannot be treated as bottom as todays bottom is at 4834.65. It is just a support from which the market is bouncing back. which means the bulls are trying their best to pull up the market from this level. If it breaches this then bulls will give up resulting in a free fall to 4830 levels.

 

[linkon7]

will we have a hexa bottom....

 

[linkon7]

6 point expansion on the down side... wow...

 

[varun2504]

Have u carried any positions Mr. linkon gi

 

[linkon7]

Have u carried any positions Mr. linkon gi

Yaa... but i exited 75% of the positions at 10 points profit...

BEP now 4950 for tomorrow...