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Published on 16/07/2019 10:46:38 AM | Source: Religare Securities Ltd

Option Strategy Larsen & Toubro Ltd by Religare Securities

Posted in Broking Firm Views - Short Term Report| #Real Estate Sector #Trading Report #Religare Securities Ltd # Larsen & Toubro Ltd

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Derivative Ideas

LT

LT added around 8% 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 LT 1440 PE as per below levels.

Strategy:- BUY LT 1440 PE BETWEEN 30-32, STOPLOSS AT 18, TARGET 55.

 

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