Trade in UNITED SPIRITS Futures

#1
Dear Friends,

Due to dismal performance coupled with the belligerent attitude of it's promoter, Mr Mallaya, United Spirits (McDowell-N) will be moved out from Nifty Fifty on Friday, 19-Sept-2014.
The scrip has been trading sideways for several days.
Do you feel that it's time to short it in Futures for Thursday, 18-Sept-2014 & Friday, 19-Sept-2014?

My feel is:

1. Short Sell @ 2401.

2. Tgt: 2301.

3. SL: 2425.

Pl give me your suggestions.


Regards,

Mr Ghosh
 

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nirav_j

Well-Known Member
#2
Dear Friends,

Due to dismal performance coupled with the belligerent attitude of it's promoter, Mr Mallaya, United Spirits (McDowell-N) will be moved out from Nifty Fifty on Friday, 19-Sept-2014.
The scrip has been trading sideways for several days.
Do you feel that it's time to short it in Futures for Thursday, 18-Sept-2014 & Friday, 19-Sept-2014?

My feel is:

1. Short Sell @ 2401.

2. Tgt: 2301.

3. SL: 2425.

Pl give me your suggestions.


Regards,

Mr Ghosh
Dear Mr.Ghosh, today 18th of Sept was expiry for Sept and Oct contracts of Daroo.

you wont be able to long or short it henceforth as its been removed from FnO.

http://www.nseindia.com/content/circulars/CMPT27431.pdf
 

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