Will market go down in this month ??

raj0

New Member
#1
Hi,

I have taken put of 5000 by Rs. 30 in the month's first week.

Now the value is near by 3 Rs.

The damage is done.

Any technical news regarding the market will come down before expiry this month ??????:confused:
 
#2
Even if you square up your position at 3 rs,you are not going to gain anything.

wait till expiry.
Nifty is at trendline resistance at 5382.

World markets were all time high.

High probability of going down to 5000 levels at expiry.
 
Last edited:

praveen taneja

Well-Known Member
#3
Hi,

I have taken put of 5000 by Rs. 30 in the month's first week.

Now the value is near by 3 Rs.

The damage is done.

Any technical news regarding the market will come down before expiry this month ??????:confused:
Ohhhhhhhhh sad I am too on 5000 put but took at 8.25 covered half at 13.75 balance is with me for poor FII dont be in a haste to buy options bro looks no chance of put going to 30 10-12 possible
 

raj0

New Member
#4
Even if you square up your position at 3 rs,you are not going to gain anything.

wait till expiry.
Nifty is at trendline resistance at 5382.

World markets were all time high.

High probability of going down to 5000 levels at expiry.


Well, I just hope for that. But, the bad part, i cannot do trade till then. :annoyed: