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Published on 6/11/2018 2:52:48 PM | Source: Yes Securities Ltd

Sell ITC Ltd For Target Rs. 5-3.5.00 - Yes Securities

Posted in Broking Firm Views - Short Term Report| #ITC Ltd #Trading Report #cigarettes #Yes Securities (India) Ltd

Option writing:

ITC has been sideways in a range, which is also confirmed from the strangle chart. Short ITC 290 CE and 270 PE near 6.5, stop los above 8, targets 5 and 3.5.

 

Recommendation

Sell ITC Ltd November 290 CE + 270 PE @ 1116-1113 Stoploss 1140 Target 1080-1040

 

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