Sharp swings on alternate bouts of buying and selling kept traders on the edge.
Nifty futures were seen trading at a discount to spot at the end of the week. Adopt strangle strategy for Nifty options to take advantage of directional change.
FII positions as percentage of gross positions has declined sharply reflecting their bias to sell.
Linc Pens is aiming to be among the top two pen manufacturers in the country in 2009-10. Buy on declines for target price of Rs 60 in medium term.
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