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premdancharan
Nov 10, 2021 3:21 PM

DR.Reedy's at support line. Long

DR REDDYS LABSNSE

Description

Dr. Reddy's may give up move. Target - 5500

Hedging Idea -

Buy Dec Fut at - 4849
Buy Dec 4800 PE

Max Loss - 24731
Est. Profit - 62000
Margin Needed - 54000
TIME - 1.5 MONTH
Return - 115%

Tip. First buy put then buy future. PE will decrease your margin need.
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