Published on 16/02/2017 12:42:01 PM | Source: Religare Securities Ltd

Derivative Ideas Arvind Ltd For Target Rs.7.80 - Religare

Posted in Broking Firm Views - Short Term Report | #Arvind Ltd #Textiles Sector #Trading Report #Religare Securities Ltd


Derivative Ideas

ARVIND added around 4.6% of open interest as fresh short positions. Daily vwap is around 373 levels. Call writing was seen at 380 strike and put buying (unwinding by writers) was seen at 360 strike. We suggest buying 360 PE as per levels given below.

Strategy: BUY ARVIND 360 PE AT 2.80-3.20, SL 1, TARGET 7.80.

 

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