Buy : Nifty 5000 29-May-2008 Call Option
CMP : Rs111 (Rs5550/Lot)
1 Lot : 50 units
Target Rs 240 (Rs 12,000/Lot)
Gain : Rs6450/Lot
Time Frame : 45 Days
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Nifty Short Term View and Support Levels(Click to Picture to View Enlarged)
Risk : Loss may be around 25-50% But gain may be around 75-100%
Positive Factor : Weak RSI Levels(Market is almost over sold so less downside seen)April month Q4 and Annual results may turn the market sentiment
Recommended : Only to Risky traders. Others Stay Back
To get my Free Short Term(7-15% returns), Medium Term(20-30%), Long term(40-100%) calls on your mobile Sign up at www.smsgupshup.com/groups/marketbits
If you have any queries or if you are new to options then write to [email protected] to get your issue solved.
Regards,
Rajandran R
