Friday, September 17, 2010

Indian stock market prediction- September 17 2010

nifty index up 54 points after 30 mts of trade

Outlook today market may move higher before a significant temporary correction. Sensex and nifty may hit day' low between 130 -230 pm before recovering

Strategy ; hold long position with trailing stop loss of 15 nifty points buy put options when long position exit point is triggered nifty may not go beyond 70 points

In afternoon buy call options if nifty hits 0-10 use tsl of 10 point

usual disclaimer applies

Next week will it be bull run or strong correction? Watch this Prediction

Wi

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