Thursday, July 10, 2008

Options trade in Cairns - Santosh Gundecha

Cairns India has given a falling channel/wedge breakout at 240-241.

Buy Cairn 250 CA July at Rs 9.5o, stoploss Rs 5 ...Max risk Rs 5625.

Cairn can show cash tgt of 265-273 ...Options tgt 20-25 .

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