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Published on 14/08/2019 10:13:24 AM | Source: Religare Securities Ltd

Option Strategy Tata Steel Ltd by Religare Securities

Posted in Broking Firm Views - Short Term Report| #Metals Sector #Tata Steel Ltd #Trading Report #Religare Securities Ltd

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Derivative Ideas

TATASTEEL

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 TATASTEEL 340 PE as per below levels.

Strategy:- BUY TATASTEEL 340 PE BETWEEN 5-6, STOPLOSS AT 1, TARGET 12.

 

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