Thursday, November 28, 2013

NIFTY Review November 2013

Alas November 2013 Options expiry saw Nifty closing around 6090 !

What a great month November 2013 !

The last October 2013 options expiry saw Nifty closing around 6300! Now this month November 2013 we see its closing around 6100 !

What next is awaiting for December 2013 closure of Options expiry ? Nifty around 5800 ?

Nifty touched on 3rd November historical high of 6420 around ! Moved back to 6030 levels on 22nd November 2013.

So great and low levels we could see in November 2013.

How are the stress levels on Nifty. It was quite volatile and fluctuating in November 2013.

So adios to November 2013

Welcoming December mystery of NIFTY.

Strategy for December 2013:

Sell call December 2013 5800 NIFTY as NIFTY moves upto 6280 from the current levels and sit on the wall to see where it moves up or low !


cheers
Zilebi