Prediction based Trade 15: Indian market April 25- april 30 2008
Buy 4 lots of Nifty May 5100 Put Option at current premium of Rs 159. Buy another 4 lots of the same on Monday if market opens strongly positive. Hold till Wednesday or when profits appear
Note: On Monday market may correct strongly from a positive opening or bounce back during the day from a correction. Either way above strategy should yield profits
Disclaimer: all risk to be borne by trader