Asked to buy puts to hedge on 13th and no calls were given on MONDAY and TUESDAY. In my ealier post
http://tradewithguru.blogspot.com/2009/02/1222009-outlook.html
"Nifty has confirmed the bullish breakout from "Inverted Head & Shoulder" pattern setting a target of 3100+, there is a possibility of corrective decline to 2880-2840 which can be used for buying till interim budget is presented. All the positions must be well protected with SL as any negative news from budget can cause a sharp fall towards 2700 & below." Nifty opened with a gap of nearly 40 points (1.3%), "
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