profit booked: update: Prediction based trade 102: based on weekly outlook: nov 3-7

Nifty 3000 put premium has been rising with falling markets with last premium around 208.50 giving a maximum profit on 9 puts after brokerage of rs 4 at about Rs 18000. Though nifty hs been declining continously especially after reaching profit target, it is not clear if trailing stop loss would hav e been breached. hence we assume only Rs 9000 as profits.

Note: Based on correction prediction for wednesday , profit could have been increased by adding to short positions of last two days


Part 4: Some further thoughts on "what India/world could do to avoid deep recession" will appear soon on www.Indiaconsulting.in