INDX TRADNG STRATEGY FOR 16-12-09

SAFEARN

AN INDEX OPTION TRADING COMPANY

WE ARE NEITHER A BULL NOR A BEAR

SHREE MAHALAXMAYE NAMHA

OPTION EARNINGS (GROUP)

DATE 15.12/09

Dear friends

Here is a trading strategy for 16-12-09 along with this you can earn on nifty index. There is also a procedure how to use the trading.

NIFTY SPPOT CLOSES ON 15-12-09

NIFTY CLOSES                      5033.05

Scenario 1
Open price is between H3 and L3
For Long
Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be   when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3
For Short Sell
Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 - L1, Target2 - L2, Target3- L3

Scenario 2
Open price is between H3 and H4
 For Long
 When price moves above H4, buy. Stop loss when price goes below H3. Target - 0.5% to 1%
 For Short Sell
 When the price goes below H3, sell. Stop loss when prices move above H4. Target1 - L1, Target2 - L2, Target3- L3

Scenario 3
Open price is between L3 and L4
 For Long
 When price moves above L3, buy. Stop loss when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3
  For Short Sell
  When the price goes below L4, sell. Stop loss when price moves above L3. Target - 0.5% to 1%

Scenario 4
Open price is outside the H4 and L4
 Wait for the prices to come in range and trade accordingly.

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HAPPY TRADING                         DATE 15/12/09

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