square off Trade 40- monthly prediction
Refer to Trade 40 few weeks back. May 5100 Puts one lot purchased at rs 141 as indicator of monthly prediction ( downtrend). Premium now is over 157.with nifty down over 57 points
Square off the trade 40 at a small profit of rs 600 after brokerage.
Trade 59 not executed as price target not met though downward trend has dominated since posting of prediction