Dear Friends,
For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for today are as under:
Resistence at 5179
Support at 5100
If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.
Market View: Market will pause before it strats moving, good for straddle writers.
Regards