October 07, 2016
HINDUNILVR (Till October Expiry)
This counter corrected from
940 levels with good amount of short positions. Looking at the
open interest data, we believe most of these shorts have been rolled in October series. From last
two trading sessions, we are witnessing fresh long and good amount of short covering in this
counters. Hence, we further short covering bounce in this stock which may bring it near
924 levels in near term.
Booked profit @ 258.50
Booked profit @ 1076
Research Team Tel: 022 - 39357800
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