Derivative calls for Tata Steel, TCS from Geojit BNP Paribas

Here are derivative strategies for some index stocks from Geojit BNP Paribas in trade today

DERIVATIVE STRATEGIES

TATA STEEL: SELL
TARGET: Rs  218
STOPLOSS: Rs 241

SELL TATASTEEL FUTURES at Rs  237
[BELOW MOVING AVERAGES + VOLUME JUMP + MACD SELL + BELOW PREVIOUS CLOSE]

TCS: SELL
TARGET: Rs 2,232
STOPLOSS: Rs  2,300

SELL TCS FUTURES at 2,283

[STOCHASTICS SELL + VOLUME BUILD UP + BELOW MOVING AVERAGES]

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