Booked descent profit today in RELINFRA bear spread strategy.
Market shown reversal today.
Holding INFY put which bought yesterday @ 49 and few NIFTY PUT of 5600 @ 38.
Hoping market to correct a bit and Infosys to show reversal as it shown during last three quarterly results days. I expect it to reach 2350 tomorrow at least as a spurt and targeting 2350 PUT to reach about 98-100.
But clearly this is bull market and I shall exit short position of INFY if in case it continues to move north EOD tomorrow.
Market shown reversal today.
Holding INFY put which bought yesterday @ 49 and few NIFTY PUT of 5600 @ 38.
Hoping market to correct a bit and Infosys to show reversal as it shown during last three quarterly results days. I expect it to reach 2350 tomorrow at least as a spurt and targeting 2350 PUT to reach about 98-100.
But clearly this is bull market and I shall exit short position of INFY if in case it continues to move north EOD tomorrow.
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