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

Nifty up at 5010 withnifty 5000 call option at Rs 98 with high so far of Rs 101.

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 109(before 2.30
pm).protect a profit margin of Rs 10.

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