Monday, 4 July 2016

Trades for next couple of days

FIIs bought today.
NIFTY is continuing upward momentum. Hope rally.

Apollotyre:
Buy 160 CALL between 5.50 and 5.80 for target above 9/-; SL 2.50. Hold this trade with trailing SL for couple of days.

Reliance:
Buy Future above 995 and buy 990 PUT simultaneously.
Maximum loss possible could be around 12-13K but potential of unlimited profit. Hold this trade with SL (in future) 975/-. Target 1050/-

Disclaimer: This blog does not take any responsibility of your profit/loss.

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