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Alpha Trade: short HDFC; Long HDFC Bank: ICICIdirect.com

ICICIdirect.com has come out with its report on alpha trading strategy. The research firm has recommended to short HDFC January futures in the range of 667-669 and buy HDFC Bank January futures in the range of 445-447, in its January 5, 2012 research report.

January 05, 2012 / 11:26 IST
     
     
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    ICICIdirect.com has come out with its report on alpha trading strategy. The research firm has recommended to short HDFC January futures in the range of 667-669 and buy HDFC Bank January futures in the range of 445-447, in its January 5, 2012 research report.


    Parameters:
    Current Price Ratio (HDFC /HDFC Bank): 1.50
    Target: 1.34
    Stop loss: 1.58

    Rationale:
    first published: Jan 5, 2012 11:13 am

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