March Outlook | Stocks and Commodities

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February 27, 2014
Time: 9 am

March Outlook:

1. In our February outlook we said that Nifty is likely to move 200 to 250 points either way.
2. It moved only 175 points on both sides.
3. All our recommendation in February outlook gave full profits.
4. Here the recommendations we have given in 'February outlook':                                                     (a) Sell Nifty 5700 Put option and 6400 Call option.                                                                     (b) Sell Nifty March expiry 5500 Put option and 6700 Call option.                                               (c) Sell Bank Nifty 9000 Put option and 11500 Call option.                                                             (d) Sell Auro Pharma 400 Put option and 530 Call option.                                                              (e) Sell L&T 900 Put option and 1100 Call option.                                        
5. March series will also be similar to February series.
6. Nifty is expected to move about 200 to 250 points either way.
7. There are only 19 trading sessions like February series.
8. No more results, No RBI policy, No Fed meeting, No event risk.
9. Usual data like Manufacturing PMI, Services PMI, US payroll data, Unemployment data, IIP data, etc.
10. Only China manufacturing PMI data, if it comes once again below 50, will make world markets volatile.
11. Unlike February series, March series is starting with bullish note.
12. Unlike February series, FIIs are net buyers just before March series.
13. Volatility index is very low, below 14, pre crisis level of May 2013.
14. Election announcement and consequently pre election rally, if any, will make Nifty to break all time high. 
15. Even then it will be difficult to cross 6500.

Recommendations:

• Sell Nifty 5900 Put option and 6550 Call option.
• Sell Bank Nifty 9500 Put option and 12000 Call option.
• Sell L&T 1000 Put option and 1200 Call option.
• Sell Tata Motots 350 Put option and 450 Call option.
• Sell Axis Bank 1100 Put option and 1400 Call option.

 Caution: 

Selling options need a large margin requirement and it is a high risk play, if you do not know how to handle. We suggest you to attend our workshop to learn more about handling option selling. For details contact 9381768992.