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Saturday, August 21, 2010

put nifty 5500 as nifty is heading towards 5600

Hi guys,

Buy the put option for nifty because nifty is showing strong resistance at 5500 level inspite of weak global clues and since last week nifty closed above 5500 it is sure that market is going to get outbreak and we can see nifty touching 5800 in coming month and sensex crossing 20000 for short term.So my call is to buy nifty put option of 5500 and enjoy profit.I think we can see nifty crossing 5600 level in coming week.

Cheers

2 comments:

Pratik Agawal said...

I think there is typing mistake it should be 5500 call instead of put.

Or instead of buying Put it must be selling 5500 put :)

Anonymous said...

Synchronize Outlook as you wish.