Buy Ashok Leyland 85 Call

 

Ashok Leyland has already fallen 26 percent from the top and the ratio as compared to the other company it is favorable. So, it could still fall but whatever level it falls I have taken at the current level so whatever rate it opens at that rate you can buy that Call.Those are on the short side one is Just Dial which has seen 26 percent positions being added in the series, down 4 percent, 3 percent fall of that overall 4 percent that has fallen in the series came yesterday. I am suggesting to buy the 460 Put at around Rs 16 here. Stop loss at Rs 12 and target of around Rs 25. 

 

Another stock is Shriram Transport Finance, where we have seen the stock falling 8 percent in the series and people have build short positions on that, 39 percent to be specific. 5 percent of those came yesterday, so I am buying the 1150 Put at around Rs 32 stop loss at Rs 25 with a target of around Rs 50.

 

 

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