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Published on 17/06/2019 9:57:58 AM | Source: Religare Securities Ltd

Option Strategy Hero MotoCorp Ltd by Religare Securities

Posted in Broking Firm Views - Short Term Report| #Hero MotoCorp Ltd #Auto Sector #Trading Report #Religare Securities Ltd

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Derivative Ideas

HEROMOTOCO added around 2% in open interest as short buildup was seen in it in previous session. Current chart pattern also indicates further down move in its price. We suggest buying HEROMOTOCO 2650 PE as per below levels.

Strategy:- BUY HEROMOTOCO 2650 PE BETWEEN 34-37, STOPLOSS AT 15, TARGET 70.

 

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