SyndicationMarkets are facing stiff pressure in the 2850--2900 range. We recommend to go short at current levels and start writing Nifty calls of strike price 2800 and above.
There are quite a few stocks which have moved up in the last 8-10 days which can be again shorted. The top picks for short include Reliance(1310), NTPC(188), Power Grid(87), L&T(690) and also Sugar stocks.
There are some stocks which can be shorted at slightly higher levels like Hind. Unilever(262+), Infosys( 1300+), SBI(1150+), HDFC(1550+).
We also recommend to write Nifty calls of 2800(130). 2900(80) and 3000(48).
Happy shorting and making money!!!!!
Cheeers!!!!!!
There are quite a few stocks which have moved up in the last 8-10 days which can be again shorted. The top picks for short include Reliance(1310), NTPC(188), Power Grid(87), L&T(690) and also Sugar stocks.
There are some stocks which can be shorted at slightly higher levels like Hind. Unilever(262+), Infosys( 1300+), SBI(1150+), HDFC(1550+).
We also recommend to write Nifty calls of 2800(130). 2900(80) and 3000(48).
Happy shorting and making money!!!!!
Cheeers!!!!!!
11:32:15 am . 02 Feb 2009