Nifty falls 100 pts yesterday and closed at 2736. Put writing more than call writing. The fall is still there but as the Global cues are + ve (even though the bad news about bank of america & citi bank), fall may be delayed. US president elect Obama's take over will be a good signal for news to keep the markets in green for some time. Hence, in the coming three days markets may be in Green???.
May be down side in nifty at 2500. A bounce we have to expect at this level.
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