Market Watch

Nifty has broken its second support level. 

Option Nifty Put@6000 is at 24. Near about 100% return on our call given in the morning. Still we are more bearish in this scenario. Hold your positon or You can sell half your position to book profit.

There's a tremendously depressing in-depth article at the Washington Post centered around a group of daytraders in southern Florida that's been pinging around the financial blogosphere all weekend. It's focused on one of these traders, a 25-year old named Dylan who seems to  have had better than average luck so far and is, at the very least, realistic about the career path he's on...

What mostly weighs on their minds is whether they can turn this exciting, lucrative, adrenaline-filled job into a lifelong career. It’s

Nifty is still hovering around its first support level. 

Hold your position in Nifty Put@6000 as it is trading in range 18-20. Hold KEC.

Exit Sun Pharma.

As we see that for the last 2 days, Nifty is in range bound. Practically there is very less effect on the premium.

BUY Nifty Put@6000 for 12.8. Wait for 3-4 Hours.

On upperside Nifty has very strong resistance.

Daily chart of Nifty. Resistance is showing at 6230. If breaks will head to 6260-6270.