Thursday, May 08, 2008

trade 33 and update trade 32: may 8

Sensex down 185 points and nifty down 43 points at 10.15 am

 

               Trade 33: Buy 5 lots 5200 May puts at current premium 175 and another 10 lots at limit premium of  163 to be squared off in after -noon.wait for possible update

 

Book loss on trade 29 at current premium of 80.90 though there is possibility of market recovering sharply but temporarily today

 

Disclaimer: all risk to be borne by trader

 
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