Dipesh Mehta of Nirmal Bang Securities told CNBC-TV18, "I am witnessing tremendous long build up in DLF, around 20-21 percent of the open interest being added in the overall open interest positions for the futures in DLF. I would recommend people to go long in July Futures not in June Futures."
"If people need to trade in June Contracts, I would recommend them to sell 170 Put or write a 170 Put at this moment. So that they can fetch the total premium of around Rs 3.50-4 which is the current market price," he added.
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