 "Derivative Strategy on IRB Infra by HDFC Securities")
Derivative Strategy on IRB Infra by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities:
Buy IRB INFRA FEBRUARY 250 call at Rs 8
Stop loss: Rs 5
Target: Rs 14
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.
Buy IRB INFRA FEBRUARY 250 call at Rs 8
Stop loss: Rs 5
Target: Rs 14
Also Read
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.
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