PUBLISHED ON: September 3, 2012 | Duration: 13 min, 10 sec
Chetan Jain, Derivative Analyst, Anand Rathi expects the Nifty to remain fairly rangebound. He recommends a straddle strategy at 5300 strikes. He likes petronet LNG and sees the stock moving up to Rs 161. He recommends initiating a bear put spread on JP Associates.