01-10-2008 Views

Hi, Nifty closed 75 points up at 3921. The world indices have closed positive and Asian market is showing upward sign. On 30 September nifty touched 3715 at lower side and 3966.85 on higher side.If nifty goes above 4000 it may touch 4190 and react. Unless it crosses 4600 Nifty will be considered bearish only.Every high is an opportunity for short trade. FOLLOW UP: 3800 put went up to 214 and closed 130 low was 100 4100 call went up to119.70 and closed 102.10 low was 52.30 The position is in loosing position only .However at high the yield is around RS.1650 The other costs are not included. DISCLAIMER: THE READERS SHOULD TAKE DECISION AFTER FOLLOWING THEIR OWN ANALYSIS. THE AUTHOR CAN BE NOWAY HELD RESPONSIBLE FOR ANY LOSSES.