• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money
Moneycontrol

Home » News » Stocks Views

Feb 17, 2017, 12.32 PM | Source: CNBC-TV18

Buy L&T 1480 Put, says Krish Subramanyam

Krish Subramanyam of Altamount Capital advises buying Larsen and Toubro 1480 Put.

Like this story, share it with millions of investors on M3

Buy L&T 1480 Put, says Krish Subramanyam

Krish Subramanyam of Altamount Capital advises buying Larsen and Toubro 1480 Put.

Post Your Comments

Share Cancel

| 1 Comments

Krish Subramanyam (more)

Co Head Equity Advisory, Altamount Capital | Capital Expertise: Equity - Fundamental

Krish Subramanyam of Altamount Capital told CNBC-TV18, "I have bearish call on  Larsen and Toubro (L&T) which has shown some sort of weakness, long unwinding and also some shorts piling in. So, going into expiry, one could buy a 1480 Strike Put that is quoting at around Rs 13-14 keeping a target of Rs 26 and maybe one could keep a stoploss of Rs 8."

"The second one is a bull spread on Gail which has seen some good momentum -- of course today it is showing some signs of weakness. However, one could possibly latch on to the broader up trend and one could possibly buy a 500 Strike Call that is quoting at around Rs 6.50. However, also sell a 520 Strike Call that is quoting at around Rs 2. So, the cost comes to about Rs 4.50. One could keep a target of Rs 11 and stoploss of Rs 2," he added.
Buy, Hold, Sell ? Hear it first on M3
Buy L&T 1480 Put, says Krish Subramanyam

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login