Friday, April 25, 2008

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

 
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