Today Nf open above 4996 and making low 5001 blasted . As expected Short covering started mad High @ 5118.95
As expected it happen NF remain bullish till 12th october 2011.
S&P500 can touch 1249. that means 5% still behind from current level .
Today
Major Hurdle 5175.
Intraday hurdle @ 5138-5147.
Support @ 5067.
Problem for Buy only below 5067
No Hurlde in date till 26th October 2011.
so bullish trend of nifty is overed for october series?
We miss your suggestion today.
Its a bad day in fact bad week for me.
Since from past three days i am holding my puts.
Today i lost everything.
Only one query:- “till 26th Oct market will remain in bullish trend right?” If yes i will go for calls.
please suggest me brother.
yes u can buy 5200 call if nf touch 4996 higher posibily is for upside just make ur postion in such way that at the end of month u can atlest recover your money still hope is there for put if nf not cross 5175 .
Thanks brother.
I am holding my puts(4800 PE Buy @ 60 CMP @ 25).
We have only 9 trading sessions so i will clear it when NF is around 5000.
Ravi Chauhan
Trader & Investor in Global Asset Classes
“Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics”.
ravichauhanreport 
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