Index Fut seen good OI build up – 25 March 09

2009 March 25

tags: Angel Broking, Hero Honda, HUL & ITC, Index Futures

by Prakash

Siddharth Bhamre of Angel Broking said that Index Futures have seen good Open Interest build up. The market is divided on the long & short side at the 3000 level. He advises going short on Hero Honda, HUL & ITC & recommend buying Index Futures.

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DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

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Index Fut seen good OI build up – 25 March 09

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