Tuesday, July 15, 2025 | 07:15 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Here's a Bull Spread strategy for L&T Finance Holdings by HDFC Securities

The short term trend of the stock is positive where it is trading above its 5 and 20-day SMA.

Stock price has broken out on the daily chart where it closes at highest level since April 30 with higher volumes
premium

Stock price has broken out on the daily chart where it closes at highest level since April 30 with higher volumes

Nandish Shah Mumbai
Derivative recommendations on L&T Finance

Bull Spread strategy on L&T Finance
 
Buy L&T Finance 65 Call at Rs 2.5 & simultaneously sell 70 call at Rs 1
 
Lot Size: 5600
 
Cost of the strategy: Rs 1.5 (Rs 8400 per strategy)
 
Maximum profit: Rs 19,600 if L&T Finance closes at or above Rs 70 on June expiry
 
Break-even Point: Rs 66.5
        
Rationale:

Long build up is seen in the L&T Finance Futures’ where we have seen 17%(Prov) rise in the Open Interest with price moving up by 4.5 per cent.
 
The stock price has broken out on the daily