| Counter | INDIACEM LTP 271.2 |
| Call | Buy on dip |
| Target 1 | 300 |
| Target 2 | – |
| Stop Loss | 240 |
| Time Horizon | 3-4 weeks |
| Notes | Buy-on-dip towards 260 & 240 |
The year was 1946. The Second World War was over and political freedom was round the corner. It was then The India Cements Ltd. began its humble moorings in the form of a cement factory at Talaiyuthu, an almost unmapped tiny hamlet in Tirunelveli district, Tamil Nadu. As one of the oldest Indian corporates, established in 1946, the company set up its first plant in 1949 at Sankarnagar (Talaiyuthu). The India Cements Ltd. is indeed a pioneer enterprise during the post-independence era to become a public limited company.
| Previous Close | 263.85 | TTM EPS | 0 |
| 52 Week High | 272.9 | TTM PE | – |
| 52 Week Low | 167.2 | P/B | 1.4 |
| Sector PE | 52.7 | Mkt Cap (Rs. Cr.) | 8,401 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
Open Interest Study
| Expiry | CP | Strike | Open Interest |
| 28 Dec 2023 | CE | 250 | 354 |
| 28 Dec 2023 | CE | 260 | 300 |
| 28 Dec 2023 | CE | 270 | 226 |
| 28 Dec 2023 | PE | 220 | 225 |
| 28 Dec 2023 | PE | 250 | 207 |
| 28 Dec 2023 | PE | 240 | 206 |
| 28 Dec 2023 | PE | 230 | 203 |
| 28 Dec 2023 | CE | 275 | 198 |
| 28 Dec 2023 | CE | 290 | 190 |
F&O Strategy
| Scrip | INDIACEM LTP 271.2 |
| Risk | Moderate |
| Ratio | 1:1 |
| Bias | Range to pullback above 260 |
| Max Reward Expected | ₹ 39,875 |
| Max Risk Expected | ₹ 18,125 |
| Action | Scrip | Quantity | Entry Price | LTP |
| BUY | INDIACEM DEC FUT | 2900 | 272.25 | 272.25 |
| SELL | INDIACEM 28-DEC 270 CE | 2900 | 16 | 16 |
|
| Counter | KOTAKBANK LTP 1837.35 |
| Call | Buy on dip |
| Target 1 | 1905 |
| Target 2 | 1995 |
| Stop Loss | 1760 |
| Time Horizon | 3 – 4 Weeks |
| Notes | Buy-On-Dip towards 1820 & 1780 |
From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today. Kotak Mahindra is one of India’s leading banking and financial services groups, offering a wide range of financial services that encompass every sphere of life.
| Previous Close | 1826.9 | TTM EPS | 86.4 |
| 52 Week High | 2064.4 | TTM PE | 21.3 |
| 52 Week Low | 1643.5 | P/B | 3.8 |
| Sector PE | 25.1 | Mkt Cap (Rs. Cr.) | 365,397 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
Open Interest
| Expiry | CP | Strike | Open Interest |
| 28 Dec 2023 | CE | 1840 | 4327 |
| 28 Dec 2023 | CE | 1900 | 3702 |
| 28 Dec 2023 | CE | 1820 | 2491 |
| 28 Dec 2023 | PE | 1800 | 2069 |
| 28 Dec 2023 | CE | 1800 | 1994 |
| 28 Dec 2023 | PE | 1700 | 1730 |
| 28 Dec 2023 | CE | 1850 | 1585 |
| 28 Dec 2023 | CE | 1750 | 1283 |
| 28 Dec 2023 | CE | 1860 | 1191 |
F&O Strategy
| Scrip | KOTAKBANK LTP 1837.35 |
| Risk | Moderate |
| Ratio | 1:1 |
| Bias | Range to pullback above 2540 |
| Max Reward Expected | ₹ 15,520 |
| Max Risk Expected | ₹ 8,480 |
| Action | Scrip | QTY | Entry Price | LTP |
| BUY | KOTAKBANK DEC 1840 CE | 400 | 37 | 37 |
| SELL | KOTAKBANK DEC 1900 CE | 400 | 15.8 | 15.8 |
|
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