My Dear visitor’s, by observing the present nature of the Indian Stock Market, it was evident that Spot Nifty is going to break 5400 in the down side sooner or later, but it was not being expected that same thing will happen four days before monthly F&O expiry. So, my dear visitor’s next three days before F&O expiry monthly F&O settlement is on 26th May, be very very cautious and we have to follow the rules of sell on rise and buy near extreme supports depending on circumstances by avoiding taking delivery for the time being. In a nutshell, till 26th May 2011 closing, we have to survive only on intraday trading. Finally, the decision of the probable hike of Diesel Oil has been postponed by central Govt. for couple of days. In view of above we got no other way to wait till the monthly F&O settlement for the fate of the Indian Stock Market for coming days.
