A rain shortened test match if you will, we have four days left in the week and three days to expiry and dutyfully, 5400 puts have been sold to the best including yours truly. The rest of the week may indeed become suspensefull as it is unlikely to close above 5400 per se, the select club inside trying to see this as reason to brealk the market and for you to trade intra day right now will be contra indicated despite any comfortab;le SEBIU and P Chidambaram pronouncements. Sell at nearer 5330 than at 5375 if you want to be safe (Auugust Puts of 5400 strike) 

Posted via email from The India Investment Post