)
Here are some derivative strategies for some bank stocks from Geojit BNP Paribas:
FUTURES STRATEGIES
SBI: SELL
Target: Rs 257
Stop Loss: Rs 275
SELL SBIN FUTURES @ 269, TARGET 257, STOPLOSS OF 275
[BELOW MOVING AVERAGES + MACD & STOCHASTICS SELL + VOLUME JUMP]
YES BANK: SELL
Target: Rs 677
Stop Loss: Rs 701
SELL YESBANK FUTURES @ 695, TARGET 677, STOPLOSS OF 701
[MACD & STOCHASTICS SELL + BELOW MOVING AVERAGES + VOLUME JUMP]
OPTIONS STRATEGY
NIFTY: BUY
BUY NIFTY 8200 PE @ RS.28/- ALONG WITH BUY 8200 CE AT RS.131.05/-[MACD &STOCHASTIC
SELL+RISE IN VOLUME AND VOLATILE MOVEMENTS ARE ALSO EXPECTED]
