RELCAPITAL CE 460 short ....your views please

C

comm4300

Well-Known Member
#1
#1
Hello Traders,

Have a short position on RELCAPITAL CE460 strike around rs.21.

with this evening announcement of FDI hike in insurance, RELCAPITAL is likely to benefit.

how do you think the stock would react tomorrow? Circuit?

thanks,
 
VJAY

VJAY

Well-Known Member
#2
#2
comm4300 said:
Hello Traders,

Have a short position on RELCAPITAL CE460 strike around rs.21.

with this evening announcement of FDI hike in insurance, RELCAPITAL is likely to benefit.

how do you think the stock would react tomorrow? Circuit?

thanks,
Click to expand...
485 range is big Resistance for RCAP....
 
Rish

Rish

Well-Known Member
#3
#3
comm4300 said:
Hello Traders,

Have a short position on RELCAPITAL CE460 strike around rs.21.

with this evening announcement of FDI hike in insurance, RELCAPITAL is likely to benefit.

how do you think the stock would react tomorrow? Circuit?

thanks,
Click to expand...
Reliance Capital 540 calls are very active, so, huge short is build up is there in Reliance Capital.

This is my view.
 
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