Thursday, September 17, 2009

FREE NIFTY CALL FOR SEP 17

Nifty went to high with the low volume signs a caution of reversal day in near terms, but it also falls in a range bound trading. Playing around this kind of days are risky because lot of whipsaw in the trade.
Sell nifty at high 5006/ 4994 with strict sl of 5020 with the target of 4972, 4961.
Option traders : still run the position of 4900 put add some more long near 25 rs and sl of 20 for all the open postions.

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