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Nifty to see further correction: Experts

PUBLISHED ON: October 11, 2012 | Duration: 10 min, 04 sec

  
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Imtiyaz Qureshi, co-founder and director of Investeria Financial Services, and Vishal Kshatriya, senior derivative and technical analyst at Edelweiss Advisors, speak to NDTV about futures and options market. Vishal Kshatriya expects the Nifty to remain range bound in a range of 5600 to 5800 and hence recommends a short strangle strategy. Meanwhile, Imtiyaz Qureshi talks about the possibility of a further correction in the Nifty and advises buying a Nifty 5600 put for a premium of Rs 45 and a target of Rs 69.
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