2 Pair Trades - Hindpetro Vs IOC


Over the past 1 month, a sell-off in the petrolium sector has resulted in a breakdown in the co-relation between Hindpetro and IOC, thus widening the historical price ratio relationship. One year co-relation between Hindpetro and IOC is at 94%.

We recommend traders to go long on IOC (1 Lot Aug futures and 250 shares in cash) and short HINDPETRO (1 lot Aug futures) at price ratio below 1.22 for a target of 1.05 with Stop loss placed at 1.33.

HINDPETRO August Future CMP : 314.35
IOC August Future CMP : 251.95

*~Outlflow(`1.5lacs), Time horizon - 2 to 3 months

Disclosure/Disclaimer


2 comments:

  1. This strategy is giving me profit of 19253+ and closing this call..Enjoying!!!

    ReplyDelete

Thanks for giving your valuable inputs, TRENDGURUS

OUR EXPERTISE

We provide expert in our field. Over 5+ years of experience we will ensure that you are always getting good guidance from the top people in the industry.

Thought of the day

"The man who has minted money with both hands in the Indian stock market says wealth is important but is not the source of all happiness.", Rakesh Jhunjhuwala

SUBSCRIBE US

Latest News

1) PM Modi fires back at the opposition, forcefully defend demonetisation 2) Nirav Modi to Stay in Jail for at least 28 more days.

By Using this website\Blog, you agree to the Disclaimer provided at Disclaimer -|- Designed by Tritan Solutions Pvt. Ltd -|- Copyright © 2019 -|- All rights reserved

ERP MLM Ecommerce Algo Software Development Company in Delhi | Digital Marketing | Algorithmic Trading | Ecommerce website