Wednesday, 2 October 2013

Update

On Tuesday NIFTY daily chart gave perfect hammer pattern, which is atypical bullish pattern. Hence, in spite of all odds, there is high likelihood that NIFTY may touch or cross 200 day moving average ie 5840.

But still for the month trend is bearish and market may not sustain at higher levels.

Hold all positions in our portfolio.
NIFTY CALL
BANK NIFTY PUT
Aurobindo CALL
DLF PUT
TCS CALL
HEROMOTOCORP CALL
JINDAL STEEL PUT

Presently portfolio is at very marginal loss or marginal profit based on the prices contracts were executed.

Disclaimer: This blog does not take any responsibility of your profit/loss  

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