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Intraday Derivative Call: Buy Container Corporation of India above 1353 with this stop loss - IndiaNotes.com
Intraday Derivative Call: Buy Container Corporation of India above 1353 with this stop loss
Nirmal Bang | Published: 06 Sep, 2017  | Source : IndiaNotes.com

Scrip Name: CONCOR


Strategy – FUTURE BUY


Buy CONCOR Future above 1353, with SL 1335 and Target 1385-1400


Pay off:





Reason – Technically the stock had been moving in higher top and higher bottom formation in longer term charts, indicating positive bias. The 1400 CE has the highest OI indicating that the stock is now likely to move towards 1400-1420 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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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.