Trade closed: target reached:
As expected the Nifty has breached 11400 and 11350 in the initial minutes of trade. A fantastic opportunity for people who were short over the weekend. A fairly good trade for the Option Put buyers. A fantastic trade for Option Call sellers. A substantial dip in the premium on account of time decay and the move on the downside.
Closing all the positions. Nifty made a low below 11350.