Sunday, 23 September 2012

Bull Spread Strategy TCS

I expect some profit booking during next two days though I am not bearish.
I think TCS should show some positive movement and can cross 1375 before this expiry.
Buy TCS call 1350 for September expiry near Rs. 6/- and Sell TCS call 1400 trading near Rs. 2/-
Risk reward ratio is attractive.
Premium for buying TCS call can be covered by selling NIFTY 5800 call for September expiry.

No comments:

Post a Comment