Book profits: Indian stock market Prediction - Intra day for july 13, trade 59

Nifty now down over 68 points.

 

35 puts purchased  at average price of Rs 141

 

Exit at current profit of Rs 20 per lot on all lots. Total profits between 30000- 34000 after brokerage

 

Prediction as posted at 1.25 pm

 

 

 

Nifty now down only about 48 poin, sensex down 152 points. Market may go down again in late  afternoon possibly sharply.

 

Buy 15 Nifty 4000 puts at Rs 145 ( days lowest so far is 148) and another 20 puts at Rs 137. exit if loss per lot is Rs 15.Protect profits after gain of Rs 20 with trailing stop loss of Rs 5.

 

Usual risk /responsibility disclaimer applies( no weekly prediction will be posted thsi week)