Strategies for the day
Date Company View Strategies Action Risk Reward
06-10-2009 HINDUNILVR BULLISH BULL CALL SPREAD BUY 270 CA @ 5.80 273.20 3200 6800
OCT. EXPIRY
SELL 280 CA @ 2.60
The market will trade in the range of 4950-5100 and find strong support at 4950 which may not be broken easily. profit booking on upper levels and advises buying on dips, especially telecom stocks.
Nifty will face resistance at 5100 and come under short-term pressure. If 4960 is broken then we may see a slide of 90-100 points.
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