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3 comments:
what r u r views for next week nifty.I bought 4500 call option of september at 120.
Still holding on u r word .
Please suggest me what to do??
shall i exit r hold ?
Dear Charan,
Today Indian Market opened with news like lower inflation of 12.1%, higher IIP of 7.1%, good european market up 1-1.5%, but still our market were sold off. Probability of market fall were low but still....we lost 60-70 Nifty points.
Next week, we are expecting recovery, but fear of unknow can't be ruled out. Holding 4500 Call option is good, if monday is +ve we will see next week lots of short covering.
Hence, next week is expected to be good.
thanks for u r reply.
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