Friday, 31 July 2015

Bank Nifty Tips - Buy IndusInd Bank 980 Call, sell 1020 Call: VK Sharma as on 31 July, 2015


 http://www.researchvia.com/nifty-futures/
Bank Nifty Tips - VK Sharma of HDFC Securities told CNBC-TV18, "I would not like to take a bet on ICICI Bank , I will wait for the results, it is important for traders who short the market to at least whenever there is a change in the trend to approach the stock with an open mind. So I will have an open mind as far as ICICI Bank is concerned. I will look at the results first." " IndusInd Bank is one of those private sector banks and among all the banks for that matter has finished well well, the results were also fine. Since the stock has done well and it remain to rose, I am propose a bull unroll here where you buy 980 Call and sell 1,020 Call. Your cost would come to around Rs 12 and make some possible profit where you can make about Rs 28," he said.

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