SETTLEMENT PRESSURES....

Now the markets are just sliding down and have to test new low. But as we are nearing settlement there is a possibility of little rise and that may be up to nifty 2700-2750-2800. If markets are not to red zone for the next day one may gamble with calls 2750 for multiple profits. The support for this view may be enhanced from Dow's trades on next Monday. But if markets crosses nifty 2830- we may expect further rise and that may not happen. One can short nifty at 2800 and take a call for hedging in the next month.