STOCK OPTIONS TIPS 8 Nov, FREE STOCK OPTIONS TIPS 8 Nov, INDEX OPTIONS TIPS 8 Nov, FUTURES OPTIONS TIPS 8 Nov :
BUY ICICI BANK 900 PUT OPTION OF 24 NOV 2011 EXPIRY
STOPLOSS OF 28
LAST CLOSING PRICE 34.95
BUY RELIANCE 880 PUT OPTION OF 24 NOV 2011 EXPIRY
STOPLOSS OF 15
LAST CLOSING PRICE 20.7
This week we recommend the following two stocks based on techno funda analysis:
LIC housing (CMP 239, TGT 258/264, SL 225)
Godrej Inds (CMP 208.65, TGT 225/230, SL 195)
Weekly Picks –Strategy :
* Nature: A short-term call for Investor/Trader with time horizon of 2-3 months.
* Strategy: Identify fundamentally strong companies which have been mispriced temporarily due to technical selling in the market.
* Time horizon : 2-3 months
* Expected Upside: 8-10%
* Caution: While the stock fundamentals are sound, stop loss is recommended at the support level indicated in the technical view. The trade should be closed once the target is achieved or eight to twelve
weeks, whichever happens earlier.