Trading in nifty.

HERE WE SHALL BE DISCUSSING VARIOUS PARAMETERS, TECHNICAL INDICATORS AND THE DIFFERENT INFORMATION NEEDED FOR TRADING IN NIFTY. WE SHALL ALSO DISCUSS STRATEGIES INVOLVING FUTURES AND OPTIONS ( CALL & PUT ) AND THEIR COMBINATIONS IN ORDER TO ENHANCE RETURNS AS WELL AS TO HEDGE THE POSITIONS TAKEN. DEPENDING UPON MARKET SCENARIO ONE CAN TAKE ADVANTAGE AND BENEFIT IN EVERY MARKET SITUATION.:thumb:

BESIDES HAVING TAKEN TECHNICAL VIEW ON NIFTY. ONE SHOULD ALSO CONSIDER FOLLOWING FACTORS.

1. FII BUYING / SELLING DATA.
2. WORLD MARKET ESPECIALLY U.S. MARKET AND EUROPEAN MARKET AND TO CERTAIN EXTENT ASIAN MARKET.
3. DOLLAR Vs. RUPEE EXCHANGE RATES.
4. PUT CALL RATIO OF NIFTY AT VARIOUS STRIKE RATES.
5. THE PREMIUM / DISCOUNT OF NIFTY FUTURE OVER THE SPOT.
6. VIX ( VOLATILTY INDEX).
7. MARKET BREADTH ( ADVANCING / DECLINING ISSUES ).
THERE ARE OTHER FACTORS AS WELL THAT SHALL BE DISCUSSED LATER ON.

[recently nifty is range bound. It's implied volatility has also gone down. One may consider individual stocks for trading.