Friday, November 13, 2009

correction: Intra day prediction for Indian stock market on Nov 13, 2009

PLEASE IGNORE PREVIOUS PREDICTION AS WE QUOTED CALL PREMIUMS NOT PUT PREMIUMS.
REVISED PREDICTION IS
Nifty up at 5010 with nifty 5000 PUT option at Rs 89 with high so far of Rs 125
There is likely to be bout of significant correction in late afternoon
between approx 2-3 pm but overall day trend may still be upwards.
short 10 5000 put options now and another 15 at Rs 100 (before 2.30
pm).protect a profit margin of Rs 10.
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