Ashok Leyland is looking good on charts, options chain also supports a trade upto 85-86-87 levles.
Keep a Stop Loss of 78.4.
Low risk traders can buy a 80 Rs. Call around 3 - 3.5 and sell Calls Rs. 87.5 and 90 calls. Max risk with this strategy will be Rs. 1 or lesser and max. profit 6 Rs.
This post does not encourage speculative trading using stock market derivatives, please consult your financial advisers before exposing yourself to financial risk.
Keep a Stop Loss of 78.4.
Low risk traders can buy a 80 Rs. Call around 3 - 3.5 and sell Calls Rs. 87.5 and 90 calls. Max risk with this strategy will be Rs. 1 or lesser and max. profit 6 Rs.
This post does not encourage speculative trading using stock market derivatives, please consult your financial advisers before exposing yourself to financial risk.