NIFTY 50 future TRENDS

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PGDIMES

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Coming back to current market when everyone in market is so bearish and when RBI's rate hike looks to end, inflation to come down which happens during every Rakhashabandha/Ganesh Chaturthi and since past taught me lesson that market always give shocks, I'm one for 5500 before expiry. Planning to buy some SBI and Reliance calls at dirt cheap price on tuesday (with hope tomorrow will be bloodbath and tuesday will be aftershocks of Dow and world market). I feel market may touch 5000 and bounce back and bounce way fast. For how long, not my guess.

If I were you, I won't touch any stock options... as I am not sure which one will provide the maximum bounce... I would rather buy 5300 CE around 25-35 and wait for the bounce... :)
 

columbus

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