Published on 16/03/2017 9:57:20 AM | Source: Religare Securities Ltd

Derivative Ideas Castrol India Ltd For Targte Rs.430.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Castrol India Ltd #Oil and Gas Sector #Trading Report #Religare Securities Ltd


Derivative Ideas

CASTROLIND added around 3% of open interest as fresh long positions on the back of some delivery based buying in previous session. On charts, it has breached past ten days congestion zone on the higher side with noticeable rise in volumes. We recommend buying CASTROLIND Mar futs as per levels mentioned below.

 

Strategy:

BUY CASTROLIND MAR FUTS BETWEEN 414-415, SL 407, TARGET 430.

 

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