MARKETS FOR WEDNESDAY 27TH JUNE

BEING EXPIRY DAY, NO TRADE IS THE BEST TRADE. HOWEVER IF ONE IS ITCHING TO TRADE ON THE EXPIRY DAY,  THEN ONE SHOULD TRADE THE MARKETS  THROUGH “AT THE MONEY CALLS & PUTS OF JUNE SERIES” &  SHOULD NOT TRADE IN NIFTY FUTURES, AS THE CALLS & PUTS WHICH ARE AT THE MONEY ARE LIKELY TO MOVE SIMILAR TO THE FUTURE BUT WITH VERY VERY LESS MARGIN MONEY  REQUIRED TO TRADE THESE OPTIONS COMPARED TO NIFTY FUTURES.

 IT IS GOOD TO SEE NIFTY BEING PULLED DOWN DURING THE REMAINING 2 DAYS OF JUNE TO GENERATE ENOUGH UP SIDE SPACE FOR THE COMING MARKET FRIENDLY MONTH OF JULY TO TAKE NIFTY UPWARDS.

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