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Published on 13/09/2019 9:42:27 AM | Source: Religare Securities Ltd

Sell Shriram Transport Finance Ltd For Target Rs.1005 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #NBFC #Shriram Transport Finance Company Ltd #Trading Report #Religare Securities Ltd

Derivative Ideas

SRTRANSFIN added around 4% 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 selling SRTRANSFIN FUTS as per below levels.

Strategy:- SELL SRTRANSFIN FUTS BETWEEN 1043-1046, STOPLOSS AT 1059, TARGET 1005.

 

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