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Derivative strategy on Axis Bank by Motilal Oswal Securities

Derivative strategy on Axis Bank by Chandan Taparia of Motilal Oswal Securities

Chandan Taparia  |  Mumbai 

Axis Bank

Derivative strategy on by of Motilal Oswal Securities: Option Strategy: STRATEGY: : CALL LADDER SPREAD Buy 1 lot 510 CE 29 June 2017 @ 16 Sell 1 lot 530 CE 29 June 2017 @ 8 Sell 1 lot 540 CE 29 June 2017 @ 5.50 Target: 9000 Stop loss: 3000 Hedge: Buy above 545 Rationale: 1. has been holding near to 500 and forming the higher weekly lows 2.

Maximum Put OI at 500 strike suggests hold of the support while intact Call writing at 520-530 would restrict its upside. 3. Indicating positive to range bound move this Bull Call Ladder is recommended Disclaimer: is a Deivatives and Technical Analyst at

First Published: Fri, May 26 2017. 08:23 IST
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