F&O Strategy: Buy DLF Put Option

The stock of DLF (₹631.70)  finds immediate support at ₹612 and ₹557. A close below the latter will change the outlook negative and trigger a sharp fall in the stock. On the other hand, resistance levels are ₹686 and ₹760. A recovery above ₹686 will negate the current negative outlook for DLF. Broadly, we expect the stock to move in a narrow…

Vikram Misri says repeated violations of understanding between Indian and Pakistani DGMOs

Foreign Secretary Vikram Misri said late on Saturday that for the last few hours, there were repeated violations of the understanding arrived at earlier this evening between the DGMOs of India and Pakistan.  His statement came hours after India accepted Pakistan’s request to cease fire through talks mediated by the US.     (This is a breaking news…