Contact Us | Log In
Search
Sensex: 33382.7 +39.90 Gold: Rs.29654.00
Nifty: 10302.2 +18.60 Silver: Rs.39800.00
Intraday Derivatives Call: Buy MARUTI 7500 PE above 77.5 with stop-loss 69 - IndiaNotes.com
Intraday Derivatives Call: Buy MARUTI 7500 PE above 77.5 with stop-loss 69
Nirmal Bang | Published: 14 Jul, 2017  | Source : IndiaNotes.com

Date: 14 JULY, 2017


Scrip Name: MARUTI


Strategy – NAKED PUT BUY


Buy MARUTI 7500 PE above 77.5, with SL 69 and Target 99-105


Reason – Technically the stock had been moving in higher top and higher bottom formation, however the stock has reached near stiff resistance and witnessed high volume near highs indicating selling pressure. The 7000 PE has the highest OI indicating that the stock is now likely to move towards 7300-7000 levels in near term.


Pay off:


 

  Read full report Click here to read the full report


About Nirmal Bang

Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.


For more information please write in to editor@indianotes.com


Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.