Wednesday, January 7, 2009

HCLTEC An opportunity again

A few days back HCLTEC was at about 110 and it rose to 130+. Yesterday its back again at about 110 (Plunged day low of 102 & high of 133) on Chaos selling on account Sathyam episode.

Is there an opportunity again for HCLTEC to gain again if one invests lows of 100?

Try again for a covered call opportunity if exists buy about 650 shares (1 lot of HCLTEC) and sell covered call of 115 beyond 13 rs for Jan 2009.

A good opportunity for covered call again with 18 Rs. profit on 110 investment about 15% return in a month's time.

Cheers
JK

0 comments: