Market Review for the week

Hi Friends..
OUR LOTTERY TICKET TURNED OUT TO BE A REAL JACKPOT FOR US. Nifty 6150 PUT recomended @ 125 closed today @ 475 giving us 4 times returns in a span of 1 week. I advice people to BOOK OUT with 4 time profits. As expected markets tanked down and could not take support of 5830 and closed around 5700 on a very weak note. We might see a pullback rally in the coming week on some good numbers expected from IndiaInc and some good announcements on the foregin front. Based on the fundamentals we can tank more and if true valuations are to be bought into exostence then it has to touch 5200-5250 but that is the worst cast scenario and I dont think we will tank that much howvever 5550 looks like a possiblilty. COMPACT DISC was in upper freeze the entire day but in the last hour sell off it closed down 4% and kohinoor broadcasting also closed down around 4%. There is not to worry much about it because we have already earned around 16k in our Nifty PUT even if somebody had bought 1 single lot. And we are amply sitting in cash to buy shares like BNK capital, kohinoor broadcasting, Zee Tele, and some others. Thats the reason i asked all to buy in very small quantity. So guys.. Have a nice weekend... Hope you all enjoyed my calls..

Happy Investing
Investomaniac
JAIDADIKI