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NIFTY INTRADAY LEVELS FOR 5th MARCH & EFFECTIVE HEDGING STRATEGY


Hi Friends, in the last 2 months of flat and range bound markets, i have learnt a very effective hedging strategy which works wonders and makes good money quiet effortlesly.

i am gonna tell u the secret, however there is 1 condition , that a person using this technique should be good with technicals.

since i dont like to trade in options, also in rangebound markets buying options dont make much money, for hedging, i use Nifty & mini nifty.

for every 100 nifty(2lots) short, i buy 60 mini niftys (3 lots) and vice versa.

for example, i am having positional shorts from 2675 levels, and i am very sure of tgts below 2500.

but during closing today, markets looked like it may give an upmove, also dow futures suggested the same.so for every 100 short i bought 60 mini longs.

this way i am protected in a gap up, and any upmove that comes.this way i can also keep a big and a safe SL for my shorts.ideally nifty wont close above 2690 easily. so my strategy will be to book my longs close to it, and add more shorts there.another scenerio is.. suppose we got a big gap down the next day.....i will anyways be in profits as i have 100 shorts and just 60 longs.

so for 100 points fall, i make 10,000, and loose 6000, so 4k net profit.

now if you notice, i take bigger lot for the primary market direction, and hedge against it.so in case i go wrong, loss will be very small in all scenerios.

also we have the option of booking partial profits whenever u feel like.

by this wht i want traders to understand is that, its just another way of safe trading, as u dont have to worry about the time decay as in options.

u may not make big money by this method, but u will definately be in profits, or small loss if followed properly.

do wirte in to our google group if you have any questions regarding the same at - STOCKRESEARCHER@googlegroups.com


Now for the markets, nifty closed below imp support levels for 2nd day in a row.however may give an upmove due to the news flow.only a close above 2690 fut or 2720 spot will make me book out of shorts.

for intraday

supp - 2628-2613-2597

Resistence - 2661-2674-2691


(EOD chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 4th MARCH


At last we did break down :-)


positional shorts can be held with a SL of 2640 on closing basis, and tgt of 2500-2457 and below.


for intraday, nifty cud give an upmove if trades above 2623 levels, tgt will be 2648


below 2623 there will be weakness, and support is around 2565 levels.


breaking 2565 we may see free fall again, so keep trailing it.



(EOD chart attached, All Future Levels)


NIFTY INTRADAY LEVELS FOR 3rd MARCH


Finally a closing below 2690 levels, and could be a gap down tommorrow.

since the movements have been seen in last many sessions, so sl will also be small, and all positional shorts should have a sl of 2652 on closing basis with tgt 1 being 2565.


for intraday, trading below 2652, nifty will be weak, support exists at 2628-2601-2565 levels

resistence at 2652-2666-2680 levels


try and play short for the day till we trade below 2652


(EOD chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 2nd MARCH


Hi friends, i have been getting lots of questions on where i am and why i havent been seen in the chat room.

well, i am in Netherlands for the last 2 months and will be here till 1st week of june. have come here for official purpose.

due to huge load of work & time difference, i havent been able to trade much.

i have been staying in a hotel here, however will be moved to an apartment in a week's time, and i promise to come to chatroom daily from then as i will have complete internet access :-).


now for the markets -


Again a dip & a pull back. these pull backs have started to scare me now, there will be a day where we may expct a similar pull back, and we may never really pull back.

i am totally out of positional trade, and will take up positional trades only once this range breaks.

for now, till 2690 holds on closing basis, i wont try shorts, and will short only if we get a closing below 2690 levels.

for intraday 2730 will be imp, and nifty will trade strong crossing it.

Resistence - 2730-2760

Support - 2690-2672-2645


(EOD chart attached, All Future Levels)