Wednesday, September 14, 2005

Lot of Movement but a Flat Close

We had the index move over huge range. Touching a new high of 8260. Thereafter it gave a scare by plunging all the way to 8144. Finally it crawled back to close at 8189 down 4 points.
This is just a sign of things to come. Expect great volatility in the days ahead.

We had a chance to close our NIFTY long call at 67 which we did. So now we have a long NIFTY put 2450. And 2 other trades open.

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