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Topic: Reliance Natural Resources

People might have wondered as to why I have been constantly recommending a buy in RNRL.This is because there are only retailers reading this blog.I know this matter.I do not wish to promote my call which I know will be an utmost foolish matter to do so since no call ever in the world has risen just by retailers buying
What I really want to say  isthat an oppurtunity to get back most of the money lost has come up in the Indian stock market.Once we let  go such an oppurtunity  there might not occur another oppurtunity for a pretty long time!!!!
The RIL RNRL case is well known.There can only be two sides of the coin---Either RIL wins the case or RNRL wins the case.Hence bet on something.The ideal one seems to be RNRL as i had elaborated very many reasons for the same.Just by doing intraday trades the utmost an average retailer can do is to get even---unless he/she has a lot of luck it is difficult to make money.One can make money in intraday trades after a lot of practice and losing a heavy amount of money.Hence what is required at this stage is to play a gamble after thorough analysis.Spending 25000 rupees on RNRL Calls can at least get us 31 times the investment!!!!!!!With the money made one can speculate and at least get even until intraday trading has been thoroughly practised

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I guess a straddle or strangle is better after doing proper analysis. NEVER A NAKED CALL.

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