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

Call for Monday 8 September 2014

1. Buy United Spirits at 2260 for target of 2350 by Friday 
2. Buy Ambuja Cement 210 PUT at 2.6 for target of 2.9 intraday
3. Buy RCOM 120 Call at 2.20 for target of 2.5 intraday