Predictions proves to be right with sharp fall in equities

We have been mentioning considerable fall in the stock market until end of August 2017. This was also mentioned in ANNUAL LETTER 2017 as well as our weekly / daily newsletter.

Last Friday (4th August 2017), we had built short position in stock indices such as NIFTY @ 10,100, BANK NIFTY @25200, S&P500 SEPT FUT @ $2475. We were also short in APPLE @ $160, AMAZON @ $1000 and BANK OF AMERICA @ $24.70.

In the Indian market, we are short in PNB, BANK OF BARODA, BANK OF INDIA, CENTURY, RELIANCE INDUSTRIES and also have their put options.

We bought BANK NIFTY August put option (strike price: 25000) @265 and NIFTY August put option (strike: 10000) @65.

The bearishness may increase, we alerted you in advance.

ALERT: This is only for your information.

Contact: +91-9301717647

FinQuiz by

FinQuiz

Which company developed Material Design?

2:30
0 / 10
Points: 0
Astrodunia Avatar

Integrate Market Timing in your Portfolio

Leave a Reply

Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash