Thursday, June 10, 2010

The options trader

NIFTY INTRADAY CHART



Nifty tested the support level for better half of the day as mentioned in this article.


It went on better part of the day. Finally a BO happened in the late afternoon with high volumes.


At this time 5000 CE was avalilable for 115 rs. An hour later when nifty rocketed to


all the targets mentioned, 5000 CE clocked 150.


A 30% return for an hours 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.

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