Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

SOS Rollover: Exit ICICI and Axis, keep all else

29 Nov 2008Deepak Shenoy1 min read

Quick Facts

What is "SOS Rollover: Exit ICICI and Axis, keep all else" about?
What category is this article in?: Stocks
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 29 November 2008.
How long does this article take to read?: 1 min read
What topics does this article cover?: Short Only

So it’s that time of the year. Time to rollover all the contracts. I’m staying out of ICICI and Axis, but I will get back immediately after a rate cut. I’m keeping everything else on.

I’ve added to the Nifty short: it’s now a 500 quantity short rather than 200.

Bharti has lost money but I have a stop loss at 745. The rest are ok, and I expect a rally to take profits down; still, in the longer term it is good to stay short.

Since Aug 12, the porfolio is up 20%. Not too bad, but not phenomenal either.

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