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    HomeNewsBusinessStocksAlpha trade - Long HDFC, Short Nifty: ICICIdirect.com

    Alpha trade - Long HDFC, Short Nifty: ICICIdirect.com

    ICICIdirect.com has come out with its report on alpha trading strategy. The research firm has recommended to buy HDFC Ltd March futures in the range of 714-718 and Sell Nifty March futures in the range of 5569-5579.

    February 15, 2012 / 13:41 IST

    ICICIdirect.com has come out with its report on alpha trading strategy. The research firm has recommended to buy HDFC March futures in the range of 714-718 and Sell Nifty March futures in the range of 5569-5579.

    Parameters:
    Current Price Ratio (Nifty/HDFC Ltd): 7.75
    Target: 7.0
    Stop loss: 8.1
    Execute the strategy with a rupee neutral basis.

    Rationale:

    Read More Read More

    first published: Feb 15, 2012 01:31 pm

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