Range-bound
moves The
Nifty began the trading session on a flat note and drifted into
negative territory in early
trades...
MOMENTUM CALLS
We
are revamping the momentum products basket as we move into a
saleable product-oriented format. The first two out of the basket
are Momentum-based portfolios and as of now would be Momentum I and
Momentum II till suitably named. The products rolled out are given
below.
Momentum I
It is a cash-based product with the corpus of
Rs2 lakh and its multiples.
There will be a maximum of 5 open calls, each with an
investment of Rs40,000. The time frame for the calls will be 5-7
trading days.
The product is a going long only product targeted at
clients not doing the futures and options (F&O).
The product has a hedge option with the Nifty, which will
be used sometimes.
Momentum II
It is F&O-based long/short product with margin
requirements of Rs4-5 lakh and its multiples.
There will be a maximum of 5 open calls, each with an
average contract value exposure of Rs4 lakh.
The open positions would be maximum Rs20 lakh
(approximately) and its multiples.
The time frame for the calls will be 5-7 trading
days.
FREE FirstStep Seminar!
Book your seat TODAY! To buy and sell shares, log on to
www.sharekhan.com or call
our DialnTrade unit on 1-800 227050/ 30307600. For account
related queries call our Customer Service cell on 1-800-22-7500/
39707500.