Thursday, August 13, 2009

Call for 14th August09

Traders unwinded 4,600 and 4,700 strikes calls as they expected the Nifty to move up further in the near future. They were seen writing 4,500-4,600 puts as they expected the index to get support around 4,600 levels.
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1. 50% Stoploss for Long positions @ 4511
2. Remaining 50% Stoploss for Long positions @ 4486