Chart of NIFTY Spot on 12 Oct 2010 by 11.41
Today 12 Oct 2010 Stop loss triggered in NIFTY Buy call given@ 6159.75 on 11 oct 2010, but i will continue my call with the stop loss 6107.29. Buy call given in Nifty 6100 Put @ Rs.60, today CMP is Rs. 96. So Put is generating profit and hedging the Long Position in NIFTY. Today's closing is very important to decide the direction of NIFTY. 6066 level in NIFTY Fut is very important. If this level breaks then immediately exit from Long Position in NIFTY Fut and continue with NIFTY 6100 Put. Today on 12 Oct 2010 NIFTY Fut Low is 6083 and Spot Low is 6059 at 11.51 AM. My call is not the intraday call, its positional call from expiry point of view.
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