Thursday, October 21, 2010
Sell CALL NIFTY 6100 at 44
Sell NIFTY 6100 CALL at Rs 44 and buyback at Rs1 or less..
Market seems to be tired and looking for a correction.
The Coal India IPO has sucked out a lot of liquidity and this has also coincided with the Future and option expiry for the month ie Thursday Oct 28,2010
The market should remain below 6100 for sure and we can buyback the NIFTY 6100CALL for Rs 1 or less by Thursday Oct 28,2010. this will give us a return of 6.3% in 7 days time on an investment of Rs 30,000
PN: Option trading is a high risk activity please donot invest more than one lot (50 units)
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4 comments:
Prahalad:
I would like your view on Tilaknagar industries limited...
I feel it has gr8 products and good growth going forward...
Purushottam:
I already answered that question last time..
Here is the link..
http://whatsup-indianstockideas.blogspot.com/2009/12/gujarat-ambhuja-exports.html
=happy investing
whatsup-indianstockideas.blogspot.com
Thanks prahalad.. I missed that link...
I have learnt a very lot of about value investing from you.. It is great to be associated with you and your blog.. Nice going...
Purushottam:
I hope we all make a ton in GAEL and Jayant Agro..
=happy investing
whatsup-indianstockideas.blogspot.com
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