2007-02-01 17:58:42 · 2 answers · asked by ankit a 1 in Business & Finance ➔ Corporations
Tata Steel is at its max price, and if you a willing to hold for long term like 5 years, at current price, buy in delivery. Short term outlook is tough to tell, unless you want to play with buying the delivery stock, and selling PUT options. Making gains on premium.
2007-02-01 18:08:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
What do you exactly meant by "futurestics (lots)"?
If you mean to say something about "futures and options" popularly known as "F&O" in market parlance, yes, you can purchase the Tata Steel shares in "futures". The minimum lot is 675. You can purchase and sell as many lots as you wish (depending upon your limits with your stock-broker).
Currently the "futures" are available for 3 different month-series. These are : Feb2007, Mar2007 and April2007. You can purchase any series you wish to.
But please understand, by purchasing "futures", you can make profits or go into losses as in "shares". But you can not claim any facilities and returns like dividend, rights and bonus etc announced. These returns will be applicable only on "shares" and not on "futures". Secondly, you can keep the positions open only upto April2007, if you purchase "futures" of "April" series, you can not take a very long term outlook. In case of "shares", you can keep your positions virtually to any timeframe.
Please collect all the relevant information from your broker and then think of entering into a position.
Best of luck to earn big profits.
2007-02-02 02:25:06 · answer #2 · answered by Nitin G 7 · 0⤊ 0⤋