Hind Lever - This counter has been put on the sell list of institutional players as the sales are likely to be a dampener yet again. This company has been dogged by lower topline growth rates since 6 - 8 quarters and even the improved monsoons are unlikely to help the company in a significant manner. We advocate a sell / short sell on significant advances.

Your call of  action - We recommend selling the scrip for delivery based investors on advances of 155 - 160 and convert their portfolio holdings to cash. Options traders are advised to sell the July calls at a strike price of 170 and a premium of Rs 2 - 2.50. This options strategy is a very low risk one and is excellent for traders looking for absolute returns on investments. Market lot = 1000 shares.