Intra day Indian stock market Prediction Aug 20

Nifty is now trading at 4475 approx up over 76 points. There is likely to be a temporary correction but possibly from a higher level which may be reached before 1.30 pm approx

 

Buy 5 Nifty Puts 4500 at Rs 87 ( day's lowest so far is 92). and another 15 puts at Rs 81 before 1.30pm.Protect gains of Rs 12 per lot and exit if loss exceeds Rs 9 per lot ( before brokerage)

 

disclaimer: Usual disclaimer applies. This is slightly higher risk predictions