Thursday, September 25, 2008

September 25, 2008, Nifty

Today is options expiry. At yesterday's close September contract was quoting at almost 30 point premium to the spot. We can expect some volatility today!
Asia is down and so is Oil. We may open flat.
Trading Strategies: Play for supports/resistances breaks or bounces.
Supports: 4110, 4051
Resistances: 4178-89, 4268

No comments: