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"We have a buy on Tata Global Beverage 150 strike Call. It has seen some good momentum, it has recovered from some very strong support levels yesterday. 150 strike Call is quoting at around Rs 3.50, one could keep a target of Rs 6-7 and maybe a stop loss of Rs 1.50."
"We have a protective Put strategy on MRPL. The stock has seen some pretty decent built up on the long side but yesterday, of course, we saw some long unwinding. However, my sense is that going into expiry, we could see some more uptrend. However, going by the volatility that the stock has exhibited, one could possibly also buy 135 strike Put that is quoting at around Rs 2-2.50 along with the futures.
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