A game with Money

Finally this was all needed. A matter of few minutes, market has lost all it's gain done during opening session and ended deep in the red. On a normal view, this is just a fall around just 2%. But if we consider from the high, the fall is about 5%. This wont happen in BULL market.

Now we have to look in to this fall very carefully. If this is a created one, then market should open a bit gap down tomorrow, say around 4375. If market bounces from there then blindly go long keeping 4350 in spot as stoploss. Don't look in to any technical,Just float with the direction of the market.

Levels to watch out:

4297 - 4333 - 4352 - 4391 - 4414 - 4444 - 4472

For those who made loss (if any) with my call, just take the following hedging position, each one lot (total amount will be around 10k) and hold it till monday afternoon.

• Buy ICICI 700 Put option with 800 call option.
• Buy RIL 1800 Put option with 2040 call option.

Try to buy each option in lower rate. No stop loss for this and just blindly carry to monday. Break out either side will fetch you a huge profit. Exit rate will be informed through messenger.