Monday, January 11, 2010

EXIT LONGS , IF NOT! HEDGE WITH PUTS

MARKET HVE BEEN HOWERING AROUND 5300 WHICH IS ACTING AS A STRONG RESISTANCE. THERE IS EVERY POSSIBILITY OF TAKING A DIP BEFORE GEARING UP TO 5500. SO, LIGHTEN UR POSITIONS AND BOOK PROFITS IF U HOLD ANY LONGS.
DONT STAY LONG IN NIFTY..SHORT NIFTY FUTURE WITH SL 5320AND TGT OF 5160 POSITIONAL OR HEDGE WTH BUYING PUTS..

No comments: