MURUGAVEL

T his is New year gift from murugavel.com for the new year 2013 NIFTY option strangle strategy for January 2013 expiry Strategy  : Buy 6100 CE (43) and 5800PE (41) :  both will cost Rs.84/- (as per yesterday close ) Reward   :     Double or more  , in either one side of the option Risk :  50% of the Buying cost. Reason : Till now lowest monthly  spread happened in Dec. 2012.

NF (5913) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810    (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947)   But below that next in downside 5745-5715   Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961)   But above that next in upside 6083 & 6155 

BERGEPAINT (160) - Now support 156-152 Above that upside target 182-186

M&MFIN (1118) - Already posted on 12th Nov. itself. It is only a reminder... Till yesterday it made high 1128

INDIANB (192) - Posted on 10th Dec. "last hurdle 199-204 and above that upside target 234-244" as posted exactly it resisted at the mentioned hurdle (made high 205 on 11th dec  and from there it corrected and made low 186 on 21st dec). Now it seems correction over so already mentioned all levels are remain same  that is  199-204 and above that 234-244

FEDERALBNK (524) - Hurdle 530-535  But trade and stays above that upside target 570-575