We started December 2016 expiry with extra caution after November hiccups and GOOD NEWS is that we are on track and BAD NEWS is that progress is little slow but rest assured it is only for the time being.
During December month, we have had taken 5 trading decisions for INDICES segment,
~ Doing of Rollover of BUY Positions in DEC at 8060 levels on 23rd November.
~ On November Expiry Day we created Hedge by Short Selling in JAN contract at 8040 levels
~ We broke hedge by exiting from DEC Long Positions at 8265 on 30th November. And given BANKNIFTY 50% Short Sell at 18720 levels with 8300 Spot Index closing Basis for all open positions.Read More »
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