Baba bear... :rofl::rofl::rofl:
That's a huge range. How did you compute this ?
Bears donot compute things... they just pounce on the prey... when nifty was around 2500-2600, didn't you see all these baba bear analysts coming out on Cartoon Network to talk about targets of 500-800 on Nifty...
BTW, I still remember my buys of SBI @ 980-1100, HDIL & Hindalco @ 80-100, Aban & ABB @ 330-350, Infy @ 1350, Tata Motors @ 260, Axis @ 355 etc. etc. (I have all the ECNs to support these... Though have to dig deep in my hard discs to find them)...
Love you Bro. But I am not going to wait that much to cover my shorts.
I am expecting Lower Circuit to hit today.
If EU does not pull back today, Expect Trading to get Halted/Suspended by NSE.
On the contrary, if Nifty can hold 5180 till the end and we see good US nos. in the evening, a sharp upmove is in the offing on Monday... But today is Fry-day... So, not expecting much from the bulls...
There's a huge OI buildup at 5200 and 5300 CE. Nifty could surprise on the upside
Will you please explain on the lights of OI? AFAIK, we require more margin money to sell options... BTW, it doesn't mean dumb money do not sell options...