These issues are presently an underlying bearish factor for many markets and could become a major bearish factor in the next couple weeks, if no progress is made among U.S. lawmakers and the Obama administration. Fresh budget news Monday evening coming out of Washington could be market-sensitive.
12.58 PM Oct 1st 2013
It went down because of KYC norms rules implimentaion budget news ....But it is not clear at all.it is very good chnace add more now....so whether it applies to retail outlets, jewellers or only to bullion traders and gems and gem stone traders and entities, that`s not very clear.....As per Friday
6.27 PM Mar 16th 2013
You bring me quite good facts in observation but still I believe if nifty goes to 5600 or 6000 that bring out good profit for me as SL will not eat my entire premium and budget news I guess will start in morning so option premium depletion should not be more , will research more on this , thanks
3.56 PM Feb 27th 2013
be careful. Dont play the nifty movement, play the VIX. What happens basically is, be4 budget the VIX will shoot up like anything, creating a premium value of options. Once the budget news starts coming in, VIX will sky dive in matter of few secs and all the option premium will be washed away
3.40 PM Feb 27th 2013
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