I had written on the weekend that 5017- 5040 will prove tricky for nifty future. (link)
Based on this I was waiting for intiating a short trade around those levels.
When nifty broke trend line and closed below it, I entered 5000 put which was available at 45 rs.
What followed was a mind blowing fall.
5000 PE moved to 105 at 4915 my target for the day. A whopping 
return. Not bad for a day's work.
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
No comments:
Post a Comment