Took short position in Nifty @ 26250

Important Trade Alert for Indian market: We took a short position in Nifty @ 26250 & Bank Nifty @ 54000 and will be covering the short positions today. Also, had short positions across banking (KOTAK, ICICI, HDFC), automobile stocks (TATA MOTORS, ASHOK LEYLAND, MARUTI) and real estate stocks (DLF). We were also short in BPCL and HPCL. We cautioned in the newsletter that indices near their 52-week highs would not support higher levels.

Important Trader Alerts for Global market: Bought crude oil @ $69.50. Booked 50% profit in crude oil at 78.00. Took a short position in S&P 500 @ 5741, Dow @ 42350, Nasdaq @ 20100 and Russell @ 2220. Tired of guessing the market? Let our proven trading strategies guide your investments. Subscribe to our live signals and watch your portfolio grow. Call +91-9669919000 or e-mail [email protected] for details.

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