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Wednesday, August 21, 2013
Gitanjali Gems Ltd hits another buyer Freeze in the opening trade. The scrip is locked at the upper circuits at Rs.80.90 in the BSE. The scrip was asked to be accumulated couple of days back at around Rs.73.40.
A Nifty_Future buy was given at 5430, which gave some returns to the traders as it touched 5450, after the call. Also, yesterday's Nifty_5700 Call Option at Rs.5-5.5, today touched Rs.11.95, much above the target of Rs.9, given yesterday. To know the levels of Nifty_Futures for trading, join my recommended brokerage house and get you everything for free. Also, get support during the market hours. In these kinds of markets when it is becoming difficult even for the experts to make money, it would be dangerous to play, in the market alone; unless one has sufficient exposure on the same and has done substantial research. Also, why should one waste time on a subject, instead of concentrating on his own job. Always try to remain focused.
Multi Commodity Exchange of India Ltd. (MCX Ltd) recommended yesterday, at around Rs.268-269, today hit the upper freeze in the opening trade. Those who could buy yesterday, might have hit a JACKPOT, as the stock is expected to give substantial returns from here. Meanwhile, MCX BNP Paribas Arbitrage has acquired 566,000 shares of the company at an estimated cost of Rs.145 million (Rs.14.5 Cr). CLICK HERE.