Hi Friends
I hope all have enjoyed the 2 days of bull run after my recommendation to buy on tuesday late hours.. All those who would have bought Nifty on Tuesday late hours would have made 300+ points in it till today.. I recommended to few people buying a 5500 Call @ around 26-27 and also above around 35-36. Today the price was 53. I WOULD PREFER PEOPLE WHO HAVE POSITIONS TO BOOK PROFITS HERE BECAUSE I FEEL THAT WE MIGHT HAVE 1-2 SLUGGISH TRADING SESSIONS WITH A NEGATIVE BIAS. I DONT SEE A HUGE FALL FROM HERE, BUT THE LAST 2 DAYS VOLUMES ARE A SIGN OF WORRY FOR NEXT FEW DAYS. ALTHOUGH I AM QUITE BULLISH BEFORE THIS EXPIRY BUT STILL IN THIS MARKET WOULD PREFER BOOKING PROFITS AS AND WHEN THEY COME. BOOK OUT AND WAIT TILL MONDAY-TUESDAY FOR A CLEAR SIGNAL AND THEN WE WILL RE-ENTER, IF I SEE ANY REASON FOR REBUYING EARLIER THEN THAT, THEN WOULD INTIMATE THE SAME HERE AT THE EARLIEST. DELIVERY BASED INVESTMENTS CAN BE LEFT UNTOUCHED BECAUSE WE ARE NOT BOTHERED ABOUT THE SAME. BOOK PROFITS IN THE TRADING AND SHORT TERM CALLS.
Happy Investing
Investomaniac
JAIDADIKI
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