outchasing nifty

date: 12 june 2011

nifty should open lower at around the levels of 5595-5605.

buying of nifty 5500 put on 11 july 2011 was advised.

buy unitech 30 put july at around 0.30
buy lic housing 200 put july at 1.5- 1.6 .

if nifty goes above 5625-5627 exit the 5500 put.
iip nos and infy results to take centre stage.

if q1 results by infosys or its guidance is positive , markets may rally 35-40 points.

iip nos are going to be better as per te estimates.
my estimates- they are going to be worse or constant.

infy results - negative.
infy guidance - neutral to positive.


go long on ril.
essar oil reported better qoq profits .
grms have improved.
ril to post stellar results

buy ril 900 call july at rs 7.25


buy maruti suzuki 1050 put july at rs 4.5
or buy maruti 1100 put at rs 8.