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BTST Derivatives Call: Buy KSCL 460 CE above 11.5 with SL 6

Nirmal Bang | 13 Jan, 2017  | Follow Author | Add to my Favourites 
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Scrip Name: KSCL


Buy KSCL 460 CE above 11.5, with SL 6 and Target 22-26

Pay off:


Reason – Technically the stock has witnessed a breakout of long consolidation indicating positive bias. The 440 CE has the highest OI which has been broken above indicating that the stock is now likely to move towards 480-500 levels in near term.

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484.70 +8.80
483.20 +6.60
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About Nirmal Bang

Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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