Wednesday, January 30, 2013

FUTURE OPTION TIPS FOR TOMORROW

Sell LT future below 1560 tg  1541,1533 sl 1571
Buy Tatamotors 280 put @4.50 tg 6.80,7.90 sl 3
Buy Reliance 920 call @ 17.50 tg 21,24 sl 14.40
NIFTY OUTLOOK FOR TOMORROW
Nifty rose 5.85 points  to 6,055, its highest closing level since last 2 days. The index hit a high of 6,071. and low of 6,044 in intraday trade. We need to closely monitor Nifty level of 6060 if the Nifty manages to stay above this level then we can expect some movement on the upside while any failure to do so could well see the index trying to penetrate the support around 6040-mark....
On the way up, 6074 is now another significant resistance level to monitor while the range between 6095 and 6110 would continue to be a major supply zone.
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RESISTANCE:6050 6080, 6100
SUPPORT      :6030, 6000, 5980

3 comments:

  1. First of all let me tell you, you have got a great blog. I am interested in looking for more of such topics and would like to have further information. Hope to see the next blog soon.

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  2. Excellent tips. Really useful stuff .Never had an idea about this, will look for more of such informative posts from your side.. Good job...Keep it up

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  3. Thanks for appreciation.you can also check Check option

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