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Intraday Derivatives Call: Buy RELINFRA 620 CE above 10 with stop-loss 6 -
Intraday Derivatives Call: Buy RELINFRA 620 CE above 10 with stop-loss 6
Nirmal Bang | Published: 17 May, 2017  | Source :

Date: 17 MAY, 2017

Scrip Name: RELINFRA


Buy RELINFRA 620 CE above 10, with SL 6 and Target 18-22

Reason – Technically the stock has been moving in higher top and higher bottom formation, indicating positive bias. The 620 CE has the highest OI indicating that the stock is now likely to move towards 635-640 levels in near term.

Pay off:


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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 accept any liability whatsoever arising from the use of any of the above contents.