Pre Event trading strategies Bluster

Rate cut disappears into thin air? Another Angel Broking slam!

Of course it may not be today but the man is in his element with HDIL short a good target as overleveraged promoters of such are in a good place to only place bets on market speculationof a rate cut. As usual the optimism is already clearing up just before the noon announcement 

However shorts are unlikely to have gained in HDFC yet may need only 5 minutes in select counters rather than burning up on the announcement as most would have walked out ont he hope already. I would rather just hold 5800 solds as a position in the market. ( Sold puts = Option to sell given to other party and premium received upfront unlikely to be called as markets sustain on the turnaround with or without the raate cut

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