Max Pain updated

Max Pain has shifted to 4900.


Trade initiated on 16-Nov-2011

Sold 4900 PE : 18.65
Sold 5200 CE : 23.20

Current position


Booked 5200CE at 0.40 (Profit 22.80). Looking for an opportunity to sell 5000 CE tomorrow.

Important levels for 23.11.2011

Hour: Trend is Down
Below 4820: Down

Above 4975: Up

Trend Weakens above: 4840

Day: Trend is down

Below 5030: Down

Above 5200: Up

Trend weakens above: 5140

Week: Trend is down

Below 5050: Down

Above 5430: Up

Trend weakens above: 5110

Thanks