Date: 23 OCTOBER, 2017
Scrip Name: DLF
Strategy: NAKED CALL BUY
Buy DLF 180 CE above 2.55 with SL 1 and Target 5-7
Reason – Technically the stock had been moving in higher top and higher bottom formation in near term, indicating positive bias. The 180 CE has the highest OI indicating that the stock is now likely to move towards 185-190 levels in near term.
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About Nirmal Bang
Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.
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