reforms have set the pace of upmove ,FIIs have been buying briskly since last few months
now will be turn of quarterly results to either put brakes on or keep the pace up
INFY results on 12th oct may decide the trend
option buyers will have great opportunity as expecting strong volatility to start soon
expecting gone are the days of 30-35 point intraday nifty move
may see lot of 65-75 point intraday move days
strategy:
buy 5800pe near rs. 50 on upmove
buy 5800ce near Rs 50 on dips
trgt abv 170 this series
Posts
5828 is stiff res to any upmove in ns next week
ReplyDeleteif sustains abv 5828 then ns trgts are 5874-5935