After retracing yesterday, nifty crashed down 300 points today led by a sell-off in the world market. Yesterday I booked a loss of 39000 Rs when all my stop losses were hit with the bank nifty rally but my puts purchased yesterday gave me a profit of Rs 67,000. There seems to be more pain till 9950 levels and if that level is broken we are in a bear market. To attend a free online stock market training, available in both Hindi and English, click on the link below, register, and free recording will come to you.