Tuesday, May 28, 2013
Derivative strategies (Time period: Till expiry)
Long Tata Steel June 340 CE above Rs6 for the Target price of Rs12
with a Stop loss placed at Rs3.
with a Stop loss placed at Rs3.
Lot size: 1000
Remarks: Net maximum profit of Rs6,000 and net maximum loss of Rs3,000.
Results Preview:
Sun Pharma Rev Rs28bn (+20% yoy), PAT Rs8.6bn (5.6% yoy); Power Grid Rev Rs35.5bn (+14.5% yoy), PAT Rs11.3bn (10.2% yoy); GAIL Rev Rs125bn (19.2% yoy), PAT Rs10.6bn (119.1% yoy)
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