Thursday, June 04, 2009

Review: Trade no 35: Indian market Prediction - Intra day for June 4

As seen in chart prediction broadly conforms to observed pattern with net gain of Rs 8000.No long position recommendation as actually posted
 

 
Prediction As posted in pre market hours
 
 

Nifty down about 38 points. Nifty 4500 puts at Rs 165. Buy 20 Puts at current price and another 20 may be purchased at Rs 153 ( days; lowest price so far is 157) before 1pm.
 
Market may suddenly bounceback after a sharp fall .hence protect profit after gain  of rs 15 with trailing stop loss of rs 4
 

 
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