Today all blue channels and their white collared Analyst will advise you to sell, sell and sell. Yesterday the same people were shouting from the roof top to buy. Now do you think an out of context statement from Mr. L K Advani will change the technical or fundamentals of the market? Rest is up to you to decide. We advised our clients to buy selectively.
Up down up and down again today. In this era of political uncertainty expect such panic days which are the integral part of a vibrant market. Make your habit to live with it. And the most important do not panic on such days. Rather use these God send opportunity to buy. The best possible strategy is to change your trading strategy: trade through options.
And the most important your 1st target should be to trail stop to cost so as to protect your capital in case of a wrong trade.
TODAY’S NIFTY RANGE: 5610-5710
TODAY’S CALL: BUY IGL 300 CALL OR CASH WITH STRICT STOP
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