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Friday, August 13, 2010

BUY BUY BUY

BUY SEPTEMBER NIFTY PUTS 5400 ,5300 @Now and lower levels(BUY 2,3 Parts)..... SL 5565 NIFTY FUT ... target NIFTY FUT 5240 - 5000-4900 - 4700- 4500- MY ULTIMATE TARGET 4200.


4 comments:

  1. Uma sir,
    U had given a shrt call on Banknifty(BNF) on 11/08/10 around 10500-10550, expecting a fall of 5%. But let me tell u honestly I was shrt on BNF since 9300 and never got a chance to cover it. I have margins and the time to hold till 11000-11200. Kindly advice should I book a huge loss of 1500 pts. approx. or shld hold or avg. out?? Im in serious trouble, kindly help me out.

    Regards,
    Subrata Dutta

    ReplyDelete
  2. Subrata Dutta

    Actually me given update about that...that day Bank Nifty fall almost 3% from my levl.....actually my call was 3 - 5% fall ... actually thats over yeastrday morning.....anywazzz Now Banknifty broken main resis levls yeastrday .... Now BANKNIFTY My target 10,800 - 11,000 . But fall should start any movement....if u possible try to short again at 10,900 area ....
    In my view next bubble in india is BANKS ONLY.... ALL THE BEST

    ReplyDelete
  3. Uma sir,

    Thanx for ur reply. If u feel banking stocks r a bubble, then kindly let me knw abt the 1st, 2nd & 3rd tgts and approx time frame and SL if any, for my this trade for which I only hv to blame myself for not having kept a SL.

    Regards,
    Subrata

    ReplyDelete
  4. Subrata Dutta

    In US market Bonds Bubble burst any time ....me expecting Big fall in next 2 months total banking sector fall like 2008 reality sector ....FIIs should leave our markets at that time.... my target for banknifty 9700 - 9200 - 8800 - 7200- my ultimate target 5800.

    But before fall it can test 10,800 -11,000 area.....

    ReplyDelete

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