Published on 12/10/2017 12:39:12 PM | Source: Religare Securities Ltd

Buy Apollotyre Ltd For Target Rs.7.00 - Religare Sec

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

Derivative Ideas

APOLLOTYRE added around 5.2% in open interest as fresh short positions. Current chart pattern too indicate more fall in price. We suggest buying APOLLOTYRE October put options as per levels mentioned below.


Strategy: Buy APOLLOTYRE OCT 235PE BETWEEN 4-4.10, SL-2.70, TGT-7


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