Wednesday, July 16, 2008

Prediction based Trade 84: Indian market July 16

No trial prediction will appear this week apart from this one

 

 

Nifty down about 30-40 points at 2.20-.2.25

 

Market expected to bounce back in last one hour or so.

 

Buy 3 Nifty July call 3800 – (last premium at 136.50, day low so far 131.50) at limit price of 130 and another 5 lots at limit price of Rs 127 if available before 3 pm.

 

Exit if loss per lot is Rs 10 from average purchase price

 
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