Wow, again all the targets achieved. It seems that I becoming a big trader instead of the investor ;)
Of course finally I am making money so well even in these turbulent times.
To give the market outlook for this week is really a testing time for any one. In this week, my advice to all is to avoid trading due huge volatility/ uncertainty. If you can take risk then you can go through this call,
Here I will give three strategies which can work for us;
1. Go short nifty below 3950 (if it dips) targeting the T1:3910 T2:3855 with a stop loss 3995.
2. Short straddle by selling the 4100 nifty call and put looking for the band 3850-4150 to book profits on either side.
I will prefer the second one due to some good news going on, like 700bn$ rescue package, indo-us nuke at the final hurdle but I strongly believe that these news can give just relief rallies or give us opportunities to open fresh shorts.
Advance cheers
With thanks
Be and make
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