Derivative strategy on Dish TV by Motilal Oswal

Derivative strategy on Petronet by Chandan Taparia, Derivative and Technical Analyst & PFA at MOSL:

Option Strategy

Dish TV: Bull Call Spread
 

Buy 92.5 CE 1 LOT

Sell 95 CE CE 1 lOT

Target: Rs 9000                

Stoploss: Rs 3000

Rationale:

1) DISH TV had witnessed accumulation in open interest in past few trading session

2) Put built-up at 90 could act as a vital support, while unwinding in 90 CE could propel momentum towards 94-95 on immediate basis

3) As we are participating bullish momentum, Bull Call Spread is recommended

Disclaimer: Motilal Oswal Securities (MOSL) is regulated by the Securities and Exchange