profit booked: update: Prediction based trade 102: based on weekly outlook: nov 3-7

Nifty 3000 put premium has been rising with falling markets with last premium around 208.50 giving a maximum profit on 9 puts after brokerage of rs 4 at about Rs 18000. Though nifty hs been declining continously especially after reaching profit target, it is not clear if trailing stop loss would have been breached. hence we assume only Rs 9000 as profits.

Note: Based on correction prediction for wednesday, profit could have been increased by adding to short positions of last two days


Part 4: Some further thoughts on "what India/world could do to avoid deep recession" will appear soon on www.Indiaconsulting.in