Buy Suzlon 85 Put @ 8.20
Sell Suzlon 80 Put @ 5.65
Max Profit = 7650 (when both the above puts expire worthless)
SL = Suzlon Spot price crossing 80-81 levels.
1) Suzlon is performing weakly since quite some time. It has resistance at 80-85 levels.
2) Market too is overbought and when markets take plunge Suzlon being weak would definitely accompany.
EXPERTS PLEASE ADVICE
Sell Suzlon 80 Put @ 5.65
Max Profit = 7650 (when both the above puts expire worthless)
SL = Suzlon Spot price crossing 80-81 levels.
1) Suzlon is performing weakly since quite some time. It has resistance at 80-85 levels.
2) Market too is overbought and when markets take plunge Suzlon being weak would definitely accompany.
EXPERTS PLEASE ADVICE