Payasi Pankaj Kumar
at 02:30 PM - May 10, 2011
I have short position in SKSMICROFINANACE ; qty= -281, now it is upper freeze, now what to do
please help me.
your valuable suggestions are needed.
You cant hedge it too as it is not fno scrip.
You can keep buying order at freez level.
And consult with broker if he can manage same qty from pool.
if the rate come down on 3 rd day,you will be saved.otherwise the highst rate on that day +penalty.
HEDGE FOR SAFETY
i think you are influenced by T.V. NEWSany way i am not expert but my tgt is 300++>>>>>>>>>320
Ask ur broker, whether they have the said shares on POOl account
if any one of your friens is having the script , they only can help you
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