Call for 13th July09

Nifty is trading above 5EMA 4496. If it sustains above 5EMA till 12.00 pm, Buy Nifty ATM Call or NF. Only if Nifty falls below 4496 short NF or buy 4500 Put.

S/L for Long : 50%SL @ 4496, 50%SL @ 4406

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Those who have initiated strategy of Sept. CE and Aug. PE Bear Strangle can exit PE. and hold Sept CE.

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