Thursday, May 27, 2010

Options to riches


NIFTY 4900 CE OPTION


I had written that 4900 will be strong suupport area for today. (link)


After nifty bounced back from 4900 and closed in green in 15 minutes time frame with high volume 4900 CE was available for 32 rs.


After this nifty continued on a one way journey to the target of 4995.


4900 CE by this time moved to 92 rupees.


187.5 % return on an expiry day. Voila....


Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

1 comment:

silmat said...

good one buddy !!! 4900CE was the best trde on expiry day bought for 21 sold for 98 cheerssssss!!!!!!

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