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Derivative calls: Yes Bank

Indiainfoline | 28 Aug, 2012  | Follow Author | Add to my Favourites 

Derivative strategies for today: Indiainfoline

-  Yes Bank:

Recommendation: Short Yes Bank September Future above Rs340 for the Target price of Rs330 with a Stop loss placed at Rs345.

Lot size: 1000

Remarks: Net maximum profit of Rs10,000 and net maximum loss of Rs5,000.

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About Indiainfoline

The India Infoline group, comprising the holding company, India Infoline Ltd and its wholly-owned subsidiaries, straddle the entire financial services space with offerings ranging from equity research, equities and derivatives trading, commodities trading, portfolio management services, mutual funds, life insurance, fixed deposits, GOI bonds and other small savings instruments to loan products and investment banking. The company has a network of over 2100 business locations (branches and sub-brokers) spread across more than 450 cities and towns & caters to approximately a million customers.


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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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