We were too early in giving the short call. The market is giving strong signals to sell currently. We expect a good fall from current levels in the next one month.

As mentioned in the last update, we re-iterate that it is a matter of time when the market will start crumbling. We recommend to continue to remain short and get more aggressive.

We had expected a fall in the March Series. We have erred on that count but we recommend to further add to your short positions at the current levels and start writing calls of April series 2800/2900/3000.

We had recommended to go short yesterday evening. Today's gap-up opening provides an opportunity to go short at higher levels. Puts are at a very attractive level, 2700 at 75(a must buy)

As expected Markets are continuing their downward journey in March. We expect the markets to touch a new low and form a bottom on 24th of March. But there is some good news for Bulls.

The markets are again in the range of 2850-2900 which is a very strong resistance range for the market. We recommend to go short for those who missed the bus last week and to add to your short positions for others.

Markets are facing stiff pressure in the 2850--2900 range. We recommend to go short at current levels and start writing Nifty calls of strike price 2800 and above.

We had recommended a pair trade of bob/canara bank at a ratio of 1.75 on 16Th October 2008. The current ratio is 1.15. We recommend to cover the position for those who have carried the position.

We had recommended shorts in stocks which have now fallen by more than 20-40%. We advise to partially book profits in them. A case in point being DLF and GMR.

Markets are finding stiff resistance in the range of 3100-3150. We recommend to add to your short positions. Buy puts of 3100/3000/2900 which are available at very attractive levels. Also write calls of 3200.

We believe that the market has touched it's intermediate top today and it should see good downside from current levels in a month's time.Buy January puts and write calls. Go short on bank nifty and heavyweight stocks.

A good time to add to your short positions. One can aggresively write calls of 3000 and above and also go short on stocks as well buy puts. Puts will give multiple returns in the next fortnight.

We had given a call of going short on the markets on Friday. We re-terate the same for those who missed it. Buy puts and sell calls

We had recommended to write puts of 2600/2500/2400 on Tuesday. We recommend to cover them and double them that is buy more. Also write calls of 2700/2800/2900.

Buy back the calls written yesterday. Phenomenal returns in a day. Cover the shorts initiated yesterday