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Derivative Strategy on IRB Infra by HDFC Securities

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

Devarsh Vakil & Nandish Shah  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

on by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities:

Buy FEBRUARY 250 call at Rs 8

Stop loss: Rs 5
Target: Rs 14

Rationale:
We have seen long positions being built in IRB futures today with price rise and higher volumes
We have seen healthy rollover (76%) to the February Series
In the option segment, 250 and 260 call added 97,500 and 80,000 shares in open interest today suggesting higher possibility of sharp price from here

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

First Published: Mon, January 29 2018. 08:18 IST
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