 "Market, Nifty, Sensex")
Derivative strategy on Hindustan Unilever by Chandan Taparia, Derivative and Technical Analyst & PFA at MOSL:
Option Strategy:
Hindustan Unilever Bull Call Spread
Buy 870 CE 1 lot
Sell 890 CE 1 lot
Target: 9000
Stoploss : 3000
Rationale:
1) Hindunilvr saw incremental built-up in last few trading session
2) Put writing at 860 indicates support in place while call unwinding at 860 could propel momentum towards 900
3) As we are participating bullish momentum, Bull Call Spread is recommended.
Disclaimer: Motilal Oswal Securities ( MOSL ) is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry
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