Medium to low risk traders can buy the following IT companies Call options. As the IT stocks have fallen in last few days, and Infosys results just a week away, a rally can be seen in IT stocks in coming days.
One can put the stop loss around 20 in both around 15 of this month
- Buy Tech Mahindra Call 2100 Strike around 30-33 for target of 60-70 in one week time.
- Buy HCL Tech 1550 Call around 30-33 for target of 65-75 in one week time.
Even if the price falls in coming days say tomorrow or days after or even today one can accumulate more as , there is very high chance of IT stock going up in coming days.
One can put the stop loss around 20 in both around 15 of this month
1 comment:
Target Achieved
Call 2100 hit a high of 80 today
Hcl Tech 1550 Call hit a high of 46 Today, those who are holding HCL can continue to hold
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