Buy ITC around 367 for target of

• Buy ITC around 367 for target of 375-377 by Friday
• Alternatively one can buy ITC 380 Call for 5 and target of 7-8 by Friday

As ITC has fallen from the high of 378 last week and trading around 367 today morning , hence there is very high chance of stock of ITC bouncing back and shall take it to the levels of 375 plus , a high gain is warranted in ITC in coming days.

Trade Calls for 23 September 2014

• Buy Axis Bank in cash around 400 for target of 415 in 2-3 days
• Buy Axis Bank Call September strike price 410 around 1 for target of 2 by tomorrow
• Buy SBI around 2560 in cash for target of 2680 in a week time
• Buy SBI 2600 Call around 12 strike price 2600 September series for target of 24 tomorrow
• Sell ITC aorund 374 for target of 360 in 2 week time
• Buy ITC 365 PUT October series around 4.3 for target of 9 in two week time

Calls for First Week of September 2014

• Buy United Spirits around 2425-2430 levels for target of 2520-2550 in two three days
• Alternatively buy the Call Option of United Spirits around 28 for target of 55 in two three days
• Sell ITC Futures around 357 for target of 351 by Friday
• Alternatively Buy Put option of ITC 350 Strike Price around 3.7 for target of 5 to 5.5 by Friday
• Sell Bharti Futures around 394-396 for target of 385-387 by next week
• Sell CIPLA Futures around 357 for target of 347 by next week
• Buy IDFC 140 PUT around 2.5 for target of 4 to 4.5 by next week

Sell ITC for Target of 347

• Sell ITC around 353 for target of 347 in a week time a gain of 6000/- per lot
• Alternatively one can buy 350 PUT August series for 3.5 for target of 5 in 2-3 days time a gain of 40% and more in 2-3 days

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Calls for Today 14 August 2014

• Buy ITC PUT strike price 360 around 5 for target of 6 intraday and 11 next week

• Buy WIPRO PUT 530 strike around 3 for target of 4 intraday and 6 next week

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*Super Profit Call * Buy ITC PUT and Sell ITC Futures August for target of

SUPER PROFIT CALL 

• Sell ITC Futures around 360 August series for target of 335-340 in 2-3 week time ( Expected gain of minimum 20,000 Per lot )

• Buy ITC PUT 360 August Series around 8 for target of 20-25 in 2-3 week time ( Expected gain of minimum 12,000 Per lot )

Buy ITC for the target of 345 in short term

Passive and low risk investors and traders can buy ITC at current market price of 315( today 25 June 2014 Price ) for the target of 345 in coming days or around two week time.
                                                              The stock is trading at very low levels and a huge upmove is warranted in the stock during budget session or nearing the quarterly result of ITC next month.

We recommend a buy on the stock for upsurge gain of approx. 15-20% from the current levels.