NIFTY 6200 Call Rocks & Hold the position in Long Strangle generated on 29 Oct 2010

Today market has recovered smartly more than +100 Points from 6043.60 to 6150 and made the day's high of 6171.85 for NIFTY Nov Future and Spot covered more than +90 Points from 6084 to 6117.55 and made the day's high of 6132.40.

NIFTY Spot on 01 Nov 2010

NIFTY Spot 5 days From 26 Oct 2010 to 01 Nov 2010

From the 5 days movement of NIFTY indicates that how NIFTY has come in the green signal from where it was going to red signal and looking to break the 5900.

NIFTY 6200 Call Rocks Buy recommendation @ Rs. 61 on 29 Oct 2010 and CMP is Rs. 98.45 and today's high was Rs. 107.80. The Mark to Market or MTM Profit is Rs.37.45 (98.45 - 61) per lot or Rs. 50 * 37.45 = Rs. 1872.50.

From Trading Point View Book Profit in 6200 Call for less risky traders at this level and From expiry point of view keep hold the position in Long Strangle generated on 29 Oct 2010 for more profit for risky traders. So enjoy the call.