November 17, 2011

Trade for the Week - Analysis

NIFTY 5100 PUT right now is at 120+ which is almost 2-3 times our entry. You may want to book some profit. You can leave 5300 CALL as it is because it is anyway trading at 4. Keep it and you may get a better price (not by much) to exit.

Happy Trading.

Update: Wow, it seems market was just waiting for a sign from me to start their descent. Market just took off (downwards) after I posted. Hope you guys are making merry. Will post some new trading strategy soon.

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