Today 24500 CE 12/10/17 expiry suggested at 25.75 gave 30% return as it touched 32/ after hitting our buy price.
As indicated, market could not move up. Tomorrow could be a day of cheers where we can find CEs moving up. Please exercise caution and do not fall in to the trap as market is likely to go in for a small dip next week before it makes an impulsive move.
Unless 9969 is not broken on the upper side, CEs wont be worthy to buy. Similarly BNF must close above 24458 in 5 minutes candle to climb high. Watch these levels. Till then no Long please.
As my earlier posting, CEs will be in buy mode by mid of next week.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.