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01 December, 2008

December markets-influenced by Q3 results

We started fresh f & o series. Dec is to be influenced by Q3 results expectations - weak. Hence markets should fall month on month. But as the option writings to take place markets will go on both the directions from this point & finally go down for end of month closing. Present trend is based on range written on previous post. If market goes up 200 points buy put else if markets goes down 200 points buy calls for end of first week. First follow the range break out on the chart of previous post.

1 comment:

  1. Hello Balaji gaaru, where ru man ? Ur neither seen in the office nor ur latest updates. Where is market going from here...Raja Sekhar

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