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Published on 11/02/2019 10:43:43 AM | Source: Religare Securities Ltd

Option Strategy CEAT Ltd by Religare Securities

Posted in Broking Firm Views - Short Term Report| #Ceat Ltd. #Tyres and Tubes Sector #Trading Report #Religare Securities Ltd

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Derivative Ideas

CEATLTD

FUT added around 11% 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 CEATLTD 1080 PE as per below levels .

Strategy:- BUY CEATLTD 1080 PE BETWEEN 36-38, STOPLOSS AT 25, TARGET 70.

 

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