Daily FREE tips (wednesday 3/8/11)

Disclaimer : Stock,options,share trading is risky business, trade according to your plan and at your own risk.

This is intraday call or put tips(book Loss or profit on intraday basis dont carry forward your position)

Global cues,global market sentiments, futures data, PCR all suggest market should go Down and later on trade within a tight range of  5350-5375 <<- 5410-5580 - 5600.

5400 put data and 5500 ,5600  call data suggest strong support and square off orders can help markets to bounce back.

this is intraday tip. Once trade is initiated, book profit according to your risk exposure and appetite. maintain strict Stop loss.

I also follow Moving averages on chart for short term i use sma 3 and sma15 combination, for entire day i use sma8 and sma 34 sometimes sma 50.

when price(rises) cuts the sma's from bottom, i go long.

when price(falls from top) cuts the sma's frm top, i go short.

I will explain  my daily strategies in detail in (learning segment)

NIFTY - PE - 5400.00

Signal	Signal Price	Stop Loss	Target-1	Target-2   Target - 3
Buy	73-75	70	86	104                115

or

 else when (market goes down and turns arounnd) then

NIFTY - CE - 5500.00

(for bulls - if market opens postive then)(only when market bounce back @

Signal	Signal Price	Stop Loss	Target-1	Target-2
Buy	82.75	79.50	89	96

buy put if market opens week and change the target and stop loss accordingly.

reenter if  market trades within a range.(puts only)

(check the signals using moving averages)

Never go for web based interface for trading

Always use software based terminal  and lowest brokerage for options.