Opinion on Nifty puts strike price 4800 of September 24th 2009 (expiry)

E

eswar001

New Member
#1
#1
Hi,

I bought nifty option puts at strike price 4800 (Rs-80 ) of September 24th 2009.

Please tell me is it good to keep few more days or its better to sell it now.

Is this market is going to come down in this month?, because from last last six days it continuously increasing.
 
S

sameer999

Active Member
#2
#2
eswar001 said:
Hi,

I bought nifty option puts at strike price 4800 (Rs-80 ) of September 24th 2009.

Please tell me is it good to keep few more days or its better to sell it now.

Is this market is going to come down in this month?, because from last last six days it continuously increasing.
Click to expand...
Market is happy though with the late onset of monsoon and at same foreign investors seems interested considering indian markets r cheap on evaluation basis.
Overall trend will remain positive , nifty is consolidating in a narrow range, market may undergo small correction but trend will be positive.


My suggestion, u shld com out of your trade whnever u get chance.



Comments from others r most welcome
 
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