Friday, May 23, 2008

Providence invests $640m in Idea Cellular's arm valuaing company at 13000 crs & adding about Rs. 38 per share. Idea looks good in intraday as well as positionsal.
RIL - Buy above 2640 for 2680, 2700. Options players can buy may 2700 call option. Or long 2800 June call option
RIL 2700 May Call option @ 14.50
RIL 2800 June Call option at 30

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