puts are squared in the morning at good prices,,
now loking forwrad to go for longs below 4990.....and with expectattion that we might see 5024/5040 once.
well the worst day which made my patience loose...at 3/30..squared my shorts of fut in penny unbelievable just 2 points ( last shorts) because of oil regulation on monday....and heat that mkt might cross this res easily
but puts which are bought are still in hold!!5400/5200 puts
now seeing dow/ and news on mkt my interpretatin was absolutely correct i feel.
the vol was a clear direction of what to do since last 2days
since the whole day infosys / sbi / and lever were maintaining the nifty
longs hold with stop 5075/5050 range....
hedged with puts,.,,bought @5100 nifty
verall i am looking for correction now/since moring notice vol,,, which is disturbing me lot
the whole scenario seems selling at highs
juts need one selling high bar which will break 80 levels and swift to 5060 nifty
waiting ,,,,,,,,,,,watching
Wednesday, June 2, 2010
4950!! which wa ssuppose dto be held yesterday and to be closed above 4980 but the reliance algo trade made the wave to drift nifty down posing it to be more harsh
but support did count and today it showed,,,
right now in moood of longs absolutely but will start hedging and slowly exit @5050 agian,,, and hold puts,,,there..
but seems this time will cross 5050 with big bar