Markets for this week: The nifty for the July series is trading in premium but index is in correction mood. Nifty future added 11+ lac shares. Global cues are not so bullish.
Nifty is in the process of breaking the 5400 barrier, for this the last back walk is going on.  The support levels are 5240-5150. Previous day's trading shows that though the markets corrected the put option prices were fallen from the day's high means the writer is not in worry. Have a bullish view after one/two days back swing for the coming 2 weeks. Wait to have a call option.