No doubt there will be huge gap up opening today as Bernanke surprised markets.
For us after many months this is very bad month so far, it is very painful to be on wrong side of the market.
But have patience. Wait. Perhaps this will give our Rajan chance to hike Repo rate or at least CRR tomorrow and market will not like that. Certainly there will be profit booking and market by close of tomorrow could see 5800 levels again!
If rally continues tomorrow we will book loss.
Till then keep averaging NIFTY 6100 and 6400 CALLS of October expiry.
Disclaimer: This blog does not take any responsibility of your profit/loss.
For us after many months this is very bad month so far, it is very painful to be on wrong side of the market.
But have patience. Wait. Perhaps this will give our Rajan chance to hike Repo rate or at least CRR tomorrow and market will not like that. Certainly there will be profit booking and market by close of tomorrow could see 5800 levels again!
If rally continues tomorrow we will book loss.
Till then keep averaging NIFTY 6100 and 6400 CALLS of October expiry.
Disclaimer: This blog does not take any responsibility of your profit/loss.
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