MaxPain Strategy 16Nov11

The Expiry is just 6 days to go. Let us see how the Max Pain Trading strategy plays out this month.


The Max Pain at the end of day (16-Nov-11) for nifty is at 5100. The Nifty spot closes at 5030.45.







Strategy to follow.



Sell 4900 PE option : 18.65

Sell 5200 CE option : 23.20










Important Trend levels to watchout in Nifty Tomorrow:


Hour: Trend is Neutral


Below 5030 : Down

Above 5195 : Up

Trend Weakens: 5100



Day: Trend is Neutral



Below 5050: Down

Above 5250: Up

Trend Weakens: 5200



Week: Trend is Down



Below 5050: Down

Above 5450: Up

Trend Weakens: 5115



Thanks