About Me

Chennai, Tamil nadu, India

Thursday 7 October, 2010

NIFTY LEVELS TODAY.

My dear Viewers,
Niftyon 6-10-2010
Prcl:6145.80 On:6150.95 Hh:6223.40 Lo:6148.60 Cl:6186.45

Here is your free Nifty analysis for 23-07-2010.
Now the support level is 5195 and below which we can see some down ward movement.The Indian institutional investors are having lot of cash and they are bound to buy at low level.So we cannot expect major down side.
Any how don't be carried away with the bullish reports .Buy with proper hedging and hold your investments with hedging.
WHAT ARE HEDGING?
buy a put against a call
buy a call against a put.
Buy at the money put or nearest to your stop loss put for your stock holdings.
Buy the Nifty bees,bank bees or any index fund if market crashes.
I will tell some more hedging methods in future.
Wishing you a profitable trading,all ways.


Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.

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