Monday, July 14, 2008

This week how to trade with markets

Nifty Futures
Buy Nifty July Futures @ 3920-3930* Stop Loss: 3850* Target:
4180-4200* (*Spot levels)

Nifty Strategy
Sell One Nifty July 3800 PE @ 74-78; Sell One July 4200 CE @
66-70; UBEP:4340; LBEP: 3660; SL: 185 (total premium); TF:
8-10 days

Pair strategy
Buy Tata Motors and Sell M&M
Buy one lot TataMotor July Fut @ 392-395 and Sell one lot M&M
July Fut @ 525-530. Time Frame: 10-12 Days.

Buy PNB and Sell Allahabad Bank
Buy two lot ALBK July Fut @ 57-58 and Sell one lot PNB July
Fut @ 392-394. Time Frame: 10-12 Days.

Hybrid strategy
Covered Call in Reliance
Buy 1 lot Reliance July Fut @ 2028-2030 and Sell 1 July 2160 CA
@ 28-30. BEP: 2000. Stop Loss: 1980. Time Frame: 10-12 days