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Read more about Top trading ideas by Anand Rathi Shares: Buy Bandhan Bank, HCL Tech on Business Standard. At current juncture, Bandhan Bank s stock is hovering just above the clusters of moving averages on daily chart ....
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Read more about ONGC, IOC, GSPL: Crude hits $71; is it time to focus on oil-related stocks? on Business Standard. ONGC and GSPL have registered a breakout and may surge over 20 per cent in the coming sessions, charts show ....
Bull spread Strategy on Dr Reddy s Labs Buy DR REDDY S MARCH 4,600 Call at Rs 182 & simultaneously sell 4,800 Call at Rs 106 Lot Size: 125 Cost of the strategy: Rs 76 (Rs 9,500 per strategy) Maximum profit: Rs 15,500 If Dr Reddy s closes at or above 4,800 on March 25 expiry. Breakeven point: Rs 4,676 Rationale: Long build-up was seen in the Dr Reddy Futures’ where we have seen 4 per cent (Prov) rise in the Open Interest with price rising by 1 per cent. The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes. The stock price has formed double bottom around 4,380-odd levels ....