50000 CALL MIS

 

CALL TRACKER Sourav

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This week loss is around 25000 to 30000 per lot due to amid volatility.

NIFTY VIEW –  9700-9950 is the range.

Few Points

  • If Nifty close below 9680-9700 level (closing basis) , then we can see correction either time correction or price correction.
  • This time correction may come in large cap rather than Mid cap. It looks like that recent rally from 9700 to 9950 was more of distribution rally
  • PSU Banks looks vulnerable for big correction.
  • Nifty even after bouce back can move higher level upto 9950.
  • If you have long position , better to exit or buy puts

 

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