Hi Ripul, Suppose just for eg. U hv bought 1 lot of L&T at a call of 1800 and at the time of expiry it is trading at 1700 (naturally there will be no buyers of your L&T call of 1800, so since there is no buyers u cannot sell ur call anyway... (In this case if ur call is closing at 0.05 paise then ur call will be squarred off at closing price of call i.e. 0.05 x (Lot) i.e. 0.05 x 250 = 12.50 + special STT at 0.125% of (1800 x (lot) = 1800 x 250 = Rs.450000 x 0.125% = 562.50. So it is always better to square off ur position. I hope this is the situation but it will be better if u can also cross check this from some reliable source.

Majority expects RBI to stand pat on interest rates on October 30: Survey

A slight majority of the Indian corporates and financial institutions expect the Reserve Bank of India to stand pat on interest rates on October. 30 when it announces its half yearly monetary policy as inflation remains high, a survey shows. More than half the 108 surveyed by the Royal Bank of Scotland believe that there would be no cut in repo rates, the rate at which the central bank lends to banks, and reverse repo, the rate it pays banks for surplus funds they deposit with it. 51% percent expect no change in the cash reserve ratio, the proportion of deposits that banks have to keep with the RBI. About 41% expect a 25 basis points cut to 4.25%. About 8.3% expect a 50 basis point reduction. A basis point is 0.01 percentage point. Market is gearing towards a softening in the interest rates in the long term`,'' said RBS releasing the survey. ``The market expects the 10yr G-Sec to trade between 7.00% and 8.35%, by March 2013 with the average at 7.81%.
Some 53% of the participants expect no change in repo rate, showed an RBS survey. About 44% expect a 25 basis point reduction and 3% are betting on a 50 basis points cut.
"Macro indicators including inflation, the current account deficit, banks deposit growth and loan deposit ratios do not really provide room for quick rate cuts,'' says Morgan Stanley's.
The outlook on the Indian rupee is not strong either as many believe that it would trade between Rs. 51 and Rs. 54 to the US dollar.
More than 60% of the respondents believe that USD/INR will continue to trade in the range of 51.00 to 54.00 till June 2013. Only 16% expect USD/INR to trade below 51.00 by Mar 2013, while the rest have a more bearish view on the Rupee. By June 2013, around 29% of the respondents believe that Rupee is likely to trade below 51.

HIp Amit/Paritosh/H A M!Thanx.i ll do that.today i lost 10k in brokerage and 2.5k in trade....just was out of my mind today...anyway hope to recover in new series with help of all gd people here....

Hi Prams, All the best buddy, add this guy in GTalk and he will guide you... he is online on G at this moment

hi CB,
I have RIL bought @ 815. Will it move up? i have bought it on intraday. can hold only for 2 days.
what about Ramco , holding @69
Thanks

Hi sankar, it has some resistance at 820 levls. once manages to cross it, can see 835 hold for now. hedge with a 5600 pe

Thanks CB

.. Economic Events
6:00pm USD Core Durable Goods Orders m/m
6:00pm USD Unemployment Claims
6:00pm USD Durable Goods Orders m/m
7:30pm USD Pending Home Sales m/m
8:00pm USD Natural Gas Storage