According to market experts, it is almost expected that the interest rates will be reduce. Actually the there is no credit growth and liquidity is continuously increasing. In this situation, we will possibly see a decrease in interest rates. Due to decline in Bond yield, a possibility of increasing treasury income of PSU Banks. Buy SBIN, Bank of Baroda and PNB in PSU Bank sectors.
Stock Option Tips
Axis Bank Stock Option Call, Expiry 29 Dec 2016, Strike price 480 Buy above: 14.14 Targets: 14.21, 14.29, 14.37 Stop loss: 14.06.
State Bank of India – SBIN Stock Option Call, Expiry 29 Dec 2016, Strike price 270 Sell below: 7.49 Targets: 7.49, 7.48, 7.47 Stop loss: 7.50.
Yes Bank Limited – YESBANK Stock Option Call, Expiry 29 Dec 2016, Strike price 1200 Buy above 26.80 Targets: 26.90, 27.00, 27.11 Stop loss: 26.69.