Monday, January 18, 2010

Time to make a quick buck?

Shorting NIFTY looks extremely enticing right now. Buying a PUT option around these prices for a Feb or March expiry contract should be a profitable trade.

On the investment side, Bharti continues to remain tantalizing, while IT seems to be becoming expensive with each trading day

Update Jan 25: If only I had put my money where my mouth was. Nifty crashed from 5274 to sub 5000 levels. That would have made a good killing

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