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Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Buy : June-Nifty-5200 Call Option to Double your Money

44 sec read

Buy : June-Nifty-5200 Call Option
LTP : Rs 127/Lot ( LTP – Last Traded Price)
Target  : Rs 260
Nifty Target : 5358
Time Frame: 30 Days
Potential Upside : More than 100%
Stop Loss : 4940
Profit Per Lot : Rs 6950
Investment : Rs 6650
 


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Bullish "w" Pattern Witnessed in Nifty on 12th May-2008. Good for Market Sentiment also Yen Trading Good
 
YEN CMP : 103.94/dollar
All Ways Have an Eye on Yen while taking Nifty Trade

Nifty CMP : 5012
 
And Stay Tunes to our Free sms service www.smsgupshup.com/groups/marketbits to recieve free stock and news alerts on your mobile.
 
Regards,
Rajandran R
 
 

Update: Even though a bearish thrusting candle occured on 13th May,2008 we are still above tha trend line 4950 as shown in the chart. Even it is witnessed in the 14th May market with nifty closing at 5011. So in near term consolidation pattern may be formed followed by a broke out. Currently Yen also trading fine above 105/dollar. So a strong FII buying can be initiated at this time.
Sure nifty is in the way to head toward the next target of 5358.

Meet You nifty at 5358 soon in days

Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
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