A trading strategy that wins if tech continues to struggle
January has started on a very weak note so far. Nishant Pant finds a cost-effective way using options to profit from a further pullback.
Stay updated with breaking news from Trade Setup. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
January has started on a very weak note so far. Nishant Pant finds a cost-effective way using options to profit from a further pullback.
A short build-up was seen in 62 stocks including L&T Technology Services, Hindustan Aeronautics, Vodafone Idea, HDFC Asset Management Company, and Ashok Leyland.
A long build-up was seen in 71 stocks, which included ONGC, Tata Communications, Granules India, IndiaMART InterMESH, and Wipro.
A short build-up was seen in 57 stocks including Metropolis Healthcare, HDFC Life Insurance Company, HDFC Asset Management Company, Balrampur Chini Mills, and Container Corporation of India.
A long build-up was seen in 58 stocks, which included Delta Corp, HDFC Asset Management Company, Gujarat Gas, Torrent Pharmaceuticals, and Mahanagar Gas.