Review: Indian stock market Prediction - Intra day for july 14-trade 61

Total loss per lot was Rs 10 including brokerage. ( unfortunately due to lack of  clear instructions purchases was triggered after correction in afternoon-which was not a significant correction). Total loss on 40 lots was Rs 20,000

 

 

 

 

Nifty up about 90 points. Nifty 4000 Put at premium of Rs 89 . Makret may dip sharply in afternoon( see rest of prediction below)  Buy 15 puts options at Rs 82 and another 25 at Rs 67. Exit if average loss exceeds Rs 17. Protect profits on gain of Rs 20 per lot

 

 

Prediction as posted in morning before market opened

 

Indian stock markets expecte to open  and operate ingreen .

 

However there are indications that in afternoon a significant correction may take place.

 

There are mixed (unclear?) indications of market bouncing back in closing hours.

 

1. But call options if market opens less than 50 points in green-preferably flattish or negative

 

2. Buy Put options of near money options after 80-100 mts of trade if premium is atl least Rs 40  lower  than  yesterday closing

Moderation to this trade may be given after observing initial trading pattern

 

 

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