Less Volatility with Upward Direction

In spite of Dow Jones closing in the negative territory with near about 1% down none of the Asian Markets have intraday lows of even 1% that speaks strength. Nifty should open gap up at 4880 and then try to move towards 4920, I think it might even break 4920 and try to show the figure of 4980. Nifty 5000 Call could be bought in the range of 125 - 135 for a target of 180 and if 180 is substantially broken then 220 stop loss could be placed at 110.
Now coming to Nifty options strategies for April, as I had said in my earlier post that Nifty would be heading towards 5200 or 4200 with the probability of 5200 significantly more than 4200, Nifty is moving towards 5200. As of yesterday when Nifty was at near about 4800 with both be the targets being substantially far, buying Nifty Put and Call Options with same value and waiting for breakout towards one direction would have been the strategy but now with Nifty close to the top target if gap up opening happens, Nifty Call and Put options should be bought in such a way that If Nifty 5000 Call is bought then hedge should be Nifty 4500 Put.

Volatility Yet Again

The Nifty Index might just open gap down towards 4800 and then might try to get into positive territory, once it has spend some time in positive territory, volatility might show it effects and drag it in the negative. As for closing I am still maintaining that 4740 or 4780 might be the closing, but since short term view is that Nifty should head towards 5200 a closing of 4740 might be just ignored leaving us with 4780, Now Considering 4780 to be closing Nifty 4900 Put Option could be bought at around 90, if the Market behaves exactly as said before then at around 75.
Now For the Next Month series I think 5200 or 4200 might be achieved in this month (high probability of 5200) so Nifty Out of Money Calls along with equally priced Nifty Put Option could be bought and then both could be sold once any target is hit.

Made it wrong

Ok I got it wrong and I accept that, but now as said in the earlier post that Nifty could target 4980 by thursday closing if the Nifty doesnt loose big view is being changed to Nifty Targeting the close of 4750 - 4780 (becuase nifty is loosing big). It was difficult to digest the change but you have to move around the market and not the other way round.