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| NIFTY Spot on 25 Oct 2010 |
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| NIFTY Spot 5 days Chart |
Today 25 Oct 2010 NIFTY Nov Fut jumped more than +80 points and touched the high level of 6206 but after 11:30 am it slightly slope down and finally closed at 6166.60 with +50.40 points. I have generated buy call in NIFTY Nov Fut @ 6120 - 6170 on 21 Oct 2010 with Target of 6276 - 6305 and Stop loss is 6044 - 6076, after generating the call NIFTY Nov Fut touched the level of 6116.20 on 22 Oct 2010. On 20 Oct 2010 NIFTY Nov Fut closed at 6158.95. At this level i generated buy call in NIFTY Nov fut, but suggested to buy between 6120 - 6170 according to risk level.
If we see the spot, NIFTY touched 6150 and closed at 6105.80 with +39.75 points today. NIFTY spot High is 6284.10 in Oct 2010. Market is showing that it will make the new high. So keep hold the long position in NIFTY Nov Fut with long position in NIFTY 6100 Put Nov expiry to hedge the long position in NIFTY Nov Fut + Short Position in NIFTY 6400 Call Nov expiry at given levels in the call.
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