Day's wrap up on Trade 81: Indian market June 26-27

Shortly after first post on Trade 81 at 1.30 pm market rose sharply and after purchase of 11 July Puts at average price of Rs 171.50, market fell sharply losing 40-45  points ( approx) and over 100 points on sensex . Nifty Premium on Puts rose possibly close to 190 leaving scope for good profits but as It did not meet our target of Rs 200- no profit was booked. Subsequently indices again rose sharply after falling in to negative zone. Positions to be closed on June 27 at an appropriate time ( to be indicated later)