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Thursday, January 29, 2009

Morning update Thu, 29thJan:

Yesterday, the NF buy call @2785 hits the exact target of 2850 as well most of the option traders almost doubled the investment in 2800CE. Those who are holding long /CE should use TSL after open itself.
Today, expect a +ve open and being a F & O exp day, the traders should try to exit all long positions before 02:00 pm and initiate Feb NF short / Feb 2900PE to carry for Mon 2ed Feb (short Feb 2900CE could be a better option).


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DISCLAIMER:

Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.