Bullish traders bought 6700-6800 calls and Bearish traders bought 6500-6600 Puts. Nifty moved with very high volatility within a range of 90 points in order to erase the premiums of Out of the Money calls and puts. We can expect such type of volatility only on April - May series , (Check the April- May 2013). Quite unusual. Market is not following any fundamentals ..... just moving opposite to the positions of the general public. I feel that trading is getting more and more difficult and this will continue.
Posted on: Wed, 02 Apr 2014 05:46:21 +0000
Trending Topics
Recently Viewed Topics
© 2015