Nifty to see volatile moves; probability of a break down higher: Motilal Oswal
PUBLISHED ON: October 29, 2012 | Duration: 6 min, 12 sec
Rikesh Parekh, vice-president of markets strategy at Motilal Oswal Securities Ltd, speaks to NDTV about the futures and options market. He recommends a long straddle strategy at a level of 5700, which includes buying the 5700 call and a 5700 simultaneously. Within the broader markets, he advises a long ladder strategy for LIC Housing Finance between 250 and 270 levels.