Tuesday, May 13, 2008

Prediction based trade 39 & 40 : Indian market May 13

Nifty up about 24 points after nearly one hour of trade

Nifty May 5100 Puts trading at Rs 141

Trade 39: Till Wednesday or further update

Buy 3 May 5100 nifty puts at limit price of Rs 138 and another 3 Puts at limit premium Rs 130 and hold till Wednesday. ( should however come profitable at some point in afternoon today )

Trade 40 ( till end of month of till further update)

Buy 2 Nifty May Puts 5100 at current premium of Rs 141 and hold till end of month or till next update

Disclaimer: all risk to be borne by trader

 
[Valid Atom 1.0]