Position traders ,who are LONG on NIFTY from January Contract after our advising video can exit position if market break 5000 ,after all there is only three trading day left in this month.Our Intraday traders made losses in S&P PUT option which expired yesterday,to limit losses we closed short positions in nifty and increased 4900 PUT to four.Reliance fooled investors and traders.With a small buy back news which got leaked (hope it was leaked !!)stock came back to 800 levels,just think reliance result came with out buy back ,stock will be trading 600 next monday .Company first time in its history given a GRM which is below Singapore GRM of 7.3-7.4.I like to say its a pure usage of its weightage in both indices.
BUY RELIANCE 720 PUT @ 3
Disclosure (Positions)
BUY 4900 (4)put @19
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