Delhi Land & Finance Limited:
The stock started performing good from July last year leaving good impression for entering into the trade. Three waves in the order of impulsive-corrective-impulsive are being observed here. Therefore expecting a next corrective wave in the medium term. Therefore the advise is to go short two lots of Feb 2013 future derivates at around Rs. 270 and wait for squaring the positions at Rs. 247. (i.e: 23x2(1000)=Rs. 46000).[SL: 280]
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