Derivatives - Buy Titan 260 Call (Expiry - Mar 28 2013) for 1 Rs in MARKETS - Below's the rumor or news for Titan Huge relief for Titan Industries. Government agrees to removes gems and jewellery and ...
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Buy Titan 260 Call (Expiry - Mar 28 2013) for 1 Rs

  1. Buy Titan 260 Call (Expiry - Mar 28 2013) for 1 Rs

    Below's the rumor or news for Titan

    Huge relief for Titan Industries. Government agrees to removes gems and jewellery and bullion from anti money laundering bills. Government has conveyed it to jewellery federation. Titan can blast to 275.
    Titan is also trading below 200 day EMA which is really attractive and has just fallen from 300 and has the potentials on the upside.


    I am buying 3 lots of Titan Industries (3000 quantity) of 260 Call Mar 28th 2013 expiry.

    Investment is just 3000 Rs ...

    Holding Period: Max till 28th March

    Will update when to cut losses or when to book profits.


  2. Government likely to set limit of 15 lakhs instead of 50,000 to be rumored by the street for anti money laundering bill. Huge huge positive for titan. Confirmed by bullion and jewellery federation. Announcement next week.

  3. Exited and booked profits today at 1.30 ... Went till 5 Rs last week ... Missed the opportunity

  4. The call shot up as soon as you had posted the news!i made 1k on the 250 call..sold early..next day it went up by 3 rs more!!







  5. Quote Originally Posted by drlalitv View Post
    The call shot up as soon as you had posted the news! i made 1k on the 250 call..sold early..next day it went up by 3 rs more!!
    Cool, the news was credible ... Will need to book profits systematically ... time is always against us in Options trading

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