Nifty Key levels for day traders

[PGDIMES]

Exited the covered call...in the morning with 12 points profit...

shorted 5200 call April for 105 and 4900 april for 80
total premium collected 185 points...

BEP : 4715-5385

Now objective to watch matrix series and try to understand the story specially, part 2 & 3. Those went above my head totally...

...GR8:lol::rofl::thumb::clapping:

 

[varun2504]

Wowwwwwwww...... 5113 to 5069 :clapping::clap::thanx:

 

[itprodeepak]

hi linkon,

today was nr7 day for nifty futures... I think tomorrow if we open gap up than profit booking will bring nifty futures back to 5050-5020 range... Lets see tomorrow... Personally i feel like going short on highs (i have initiated short @ 5080 today...)

as expected.. Nifty opens gap up with 20 points went to 5116 and seen selling coming in ... Which took nifty to 5065 levels... If today closes below 5075 than 5020-5010 expected in next week.....

 

[simple_trader]

Hello Mr linkon7,

Whatever you post are very useful and practical for retail traders. Very good work friend!!

regards

 

[linkon7]

What to expect for the next week...?

I'm a bit pressed for time so pls refer to

http://linkon7.blogspot.com/2010/03/what-to-expect-next-week.html

as no point in creating duplicate post every where....

 

[sibumajumdar]

Exited the covered call...in the morning with 12 points profit...

shorted 5200 call April for 105 and 4900 april for 80
total premium collected 185 points...

BEP : 4715-5385

Now objective to watch matrix series and try to understand the story specially, part 2 & 3. Those went above my head totally...

Is 4900 Apr at 80 is Put? If so then short STRANGLE. Otherwise ? Plz clear the doubt. Thanks...SLM uncle

 

[Pralhad]

Yes, its Short 4900 Put Option for 80 Premium

 

[sibumajumdar]

Is 4900 Apr at 80 is Put? If so then short STRANGLE. Otherwise ? Plz clear the doubt. Thanks...SLM uncle

Dear alinkon, I got my reply from your Blog. Thanks...SLM uncle

 

[varun2504]

H4 : 5169 : A DAILY close above this, is a buy with SL at 5128

H3 : 5128 : A DAILY close below this, is a sell with SL at 5169

S3 : 5046 : A DAILY close above this, is a buy with SL at 55005

S4 : 5005 : A DAILY close below this, is a sell with SL at 5046



Good work LINKON Bro

thanks for ur great research

Kind request is can u post what ever u trade so that we can follow ........ as i am a starter

 

[varun2504]

Bro can u post what ever u trade

I am new and following a little started trading last 3 months

and found u LINKON ji

so it would be more helpful to understand here......:thanx: