Tuesday, October 27, 2009

Intra day prediction for Indian stock market on oct 27, 2009

Nifty down about 43 points. Market will be volatile today.

1. Buy Nifty 4900 oct call option at premium of Rs 56 and 46 ( 20
lots)-days lowest so far is Rs 60 and now at Rs 68 as market will
recover and then correct again. May correct again towards end of day.
A profit margin of rs 10( post brokerag cost) must be protected

sell call may be given if above call is profitable
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