First of all please read my previous post to get overall picture as to where is nifty.
5200 support was taken as i said don't exit calls until 5200 and markets bounced to levels of 5260.Now Dow Jones index is up overnight and we will get bounce to levels of 5300 and next 5400.
Right now hold on to earlier calls stop loss 5200 level and closing above it.
Going ahead once nifty reaches levels of 5375+sell NIFTY CE 5600
Ideally 5400 is best level to buy puts also as said 5200 PUTS can be bot at levels of 5400.
bye
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