Yesterday I given a call to short Nifty for a target of 4835.. see today’s low… exact 4835 and it bounced back (on the spot)
Another trade suggestion was to Buy 4700PE around 65, it touched 45 yesterday which was a golden opportunity as well… I picked couple of them at 61 and some more at 46… currently trading at 69… I see a potential of 150 or above in 4700PE February Series.
Use all the rallies above 4875 as selling opportunity for a target well below 4700
Related Blogs:
http://blog.vikasverma.com/2010/02/sell-nifty-intraday-target-4835-by.html
http://blog.vikasverma.com/2010/01/trading-idea-nifty-put-options-1200.html
Update: Closed all my positions that I took at 61 @ 75… a gain of 11 per lot and still holding those taken at 45 with a SL @ 55.. fair deal?
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