You are here: Home » Markets » F&O
Business Standard

Derivative Strategy on Bajaj Finance by HDFC Securities

Derivative Strategy on Bajaj Finance by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities:

Devarsh Vakil & Nandish Shah  |  New Delhi 

markets, stocks, sensex, nifty, bse, nse
Photo: Shutterstock

on by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities: Buy January 1650 Put at Rs 21.50 of Rs 12 Rs 35 Rationale: We have seen aggressive short positions being built in futures during the series where we have seen open interest addition of 29% with price cut of 6%. Stock price has given break down on the daily chart today where it closes at five month low today Momentum Indicators and oscillators are Indicating weakness in the stock Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

First Published: Fri, January 19 2018. 08:20 IST
RECOMMENDED FOR YOU