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Published on 12/07/2019 9:55:40 AM | Source: Religare Securities Ltd

Option Strategy Tata Elxsi Ltd by Religare Securities

Posted in Broking Firm Views - Short Term Report| #IT Sector #Tata Elxsi Ltd. #Trading Report #Religare Securities Ltd

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Derivative Ideas

TATAELXSI

added around 7% 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 buying TATAELXSI 840 PE as per below levels.

Strategy:- BUY TATAELXSI 840 PE BETWEEN 18-19, STOPLOSS AT 10, TARGET 35.

 

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