Thursday, 16 April 2015

AUROPHARMA

AUROPHARMA

Stock is trading at all time high and might see some profit booking in next couple of weeks.

Bear spread strategy:
Buy 1300 PUT around 20-22 and sell 1250 PUT around 10-11.
Maximum loss could be around 2500-3000 and profit potential about 10000/-

Risk reward ratio is very good.

Disclaimer: This blog does not take any responsibility of your profit/loss

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