Review : Intra day Prediction based Indian market and weekly prediction

Nifty call premium hit a low of Rs 142 approx in the time limit before reaching ahigh of Rs 186 before 12 noon. Hence no trade.( in afternoon call premium fell to lower levels however)

 

Review of weekly Prediction

 

1. Short position on DAX became  profitable yesterday with a maximum fall of over 90 points after a positive start.

 

2.short position on Nikkie 225 is now in black with nikkie down 95 points but target of +200 for shorting  yesterday was not met ( maximum was Nikkie +175 yesterday.)

 

 

 

 

Pls see the reference to Indian markets for today in previous posting.

 

Nifty has corrected somewhat but alarger correction may be due before a bounceback.

 

Buy  nifty 10 call options at limit price of Rs 135 and 30 call options at limit price of Rs 122  before 11.3 0 am ( day's best price so far is around Rs 150)

 

 

Pls note henceforth there will be fewer but much larger trades since we are working with an assumed traidng capital of Rs 10lacs.Hence losses as well profits will be larger