hi friends,
People sometimes feel/ especially chartist feel that markets behave like a tik tok clock exactly but that is not so.Right now nifty is in middle zone creating confusion for both bulls and bears but again pls read my earlier posts to understand where we stand in global picture.
Right now we are heading up and going to touch 5350 5375 zone best zone to short the calls and buy puts.Again as Time premium will start acting on the calls and puts all call buyers are advised to square off their position after 10th of November as narrow consolidation will only kill their profits.
Wait for zone of 5350 to reach and blindly short 5800 call or buy 5200 puts.As said by me in previous post 5800 call writers have already earned 15% in last 4 days.
Going ahead nifty will only rise till 5350 and will be followed by Problems in Greece and other countries and will lead to a massive fall.
Bye Tc happy trading.
your comments are most welcome
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