Apologies for no updates here for two days,yes those who SUBSCRIBED
before got updates through other handles.(RIGHT CORNER BUTTON)
I take NIFTY as a leading indicator for reversal in world market,we change side of NIFTY and S&P today (we closed S&P CALL yesterday and bought PUT).we done intraday trade in NIFTY 4800 PUT and closed position because we had a SHORT in FUTURES already.
Positions
BUY S&P 500 1290 PUT @ 16.5
SELL NIFTY FUTURE @ 4871
Regarding S&P downgrades,which countries are included will be know only after US market closed.In mean time news about US FED QE3 talks are also going on.Hope we can capitalize on these bearish news because US MARKET is closed on Monday.
Note:SGX NIFTY already trade in 4800 levels today .
I take NIFTY as a leading indicator for reversal in world market,we change side of NIFTY and S&P today (we closed S&P CALL yesterday and bought PUT).we done intraday trade in NIFTY 4800 PUT and closed position because we had a SHORT in FUTURES already.
Positions
BUY S&P 500 1290 PUT @ 16.5
SELL NIFTY FUTURE @ 4871
Regarding S&P downgrades,which countries are included will be know only after US market closed.In mean time news about US FED QE3 talks are also going on.Hope we can capitalize on these bearish news because US MARKET is closed on Monday.
Note:SGX NIFTY already trade in 4800 levels today .
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