Monday, June 22, 2009

Re: Indian market Prediction - Intra day for June 22- trade 52

Lowest price of Rs 74 reached.hence 10 lots pruchased at rs 75. Premium now at rs 90. (ignore pruchase of other lots now)
 
One can take a risk and hold until premium rises to 95 and then use Rs 5 trailing stop loss as market may reach highest point in late afternoon

 


Indian market main indices now almost flat ( nifty 0-10).Market may hit day's low before mid day and the rise
 
Buy 25 lots of  4300 call options at ( 10 at Rs 75, 10 at 70 and 5 at 65) -days lowest so far is Rs 79
 
In the final hour volatility is possible
 
 

 
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