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

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first published: Jan 5, 2012 11:13 am

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