INDEX

As such Index are likely to bless Bulls with good returns. But little bit of patience is needed. A vertical recovery of 400 points  (almost 90 degree) in Nifty and 1000 points in Bank nifty likely to keep the move restricted for today. Everyday you cannot expect index to move like this. We can call yesterday move was a Tsunami which wiped out capital of weaker hands and upper hands did push index again above previous day  with a villain smile on their face.

Advice  to small investors.  

KEEP AWAY FROM MARKET WHEN EVENTS DO OCCUR. 

HEDGE YOUR POSITION ON BOTH SIDES. 

DO NOT SHORT CALL OR PUT OPTION.

DO NOT TAKE NAKED POSITION.

All my investors were safe and sold 25000 PE at 340 which was bought at 80. This was the only position taken on Friday. See the returns. 4 times!!

Congratulations to Mr Srinivas who believed in the levels and market rather than luck. Wish him good luck!!

Happy Trading!!