Indian Robot Trader

NIFTY Future and Option Pre-market Tips(24-05-2013, 08:46)

Posted by realsense india on Friday, May 24, 2013
I think today market will change the direction. But it is a temporally action. If market trade above 5970 without breaking  yesterday's low, you can expect a small rally around 50-70 points. otherwise market will fall to 5915 level. 

So, if trade above 5970 for 15 minuts go long or buy at the money CALL option. If trade below 5952, Go short or buy at the  PUT option.

Exit with minimum profit. Stop loss is must.