| Counter | SBIN LTP 724 |
| Call | Buy on dip |
| Target 1 | 780 |
| Target 2 | 820 |
| Stop Loss | Below 675 |
| Time Horizon | 2-3 weeks |
| Notes | Buy on dip around 705 Avg. 685 |
State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredits SBI as the most trusted Bank by Indians through generations.
SBI, the largest Indian Bank with 1/4th market share, serves over 48 crore customers through its vast network of over 22,405 branches, 65,627 ATMs/ADWMs, 76,089 BC outlets.
| Previous Close | 699.6 | TTM EPS | 72.71 |
| 52 Week High | 728.35 | TTM PE | 9.97 |
| 52 Week Low | 499.35 | P/B | 2.21 |
| Sector PE | 15.82 | Mkt Cap (Rs. Cr.) | 647,257 |
(Source: Fisdom research)
| Scrip | SBIN LTP 724 |
| Risk | Moderate |
| Ratio | 1:2 |
| Bias | Range to positive bias |
| Max Reward Expected | ~Rs. 96,150 |
| Max Risk Expected | ~Rs. 23,850 |
| Action | Scrip | Quantity | Entry Price | LTP |
| BUY | SBIN FEB 720 CE | 1500 | 24.8 | 24.8 |
| SELL | SBIN FEB 800 CE | 3000 | 4.45 | 4.45 |
|
| Counter | DRREDDY 6152 |
| Call | Buy on dip |
| Target 1 | 6400 |
| Target 2 | 6650 |
| Stop Loss | Below 5850 on close |
| Time Horizon | 2-3 weeks |
| Notes | Buy on dip around 6050 & Avg 5950 |
Dr Reddy’s Laboratories Ltd products and services are spread across our core businesses of Active Pharmaceutical Ingredients (API), generics, branded generics, biosimilars and over-the-counter pharmaceutical products around the world.
| Previous Close | 6160.0 | TTM EPS | 313.42 |
| 52 Week High | 6220 | TTM PE | 19.64 |
| 52 Week Low | 4297 | P/B | 5.33 |
| Sector PE | 54.40 | Mkt Cap (Rs. Cr.) | 102,685 |
(Source: Fisdom research)
| Scrip | DRREDDY 6152 |
| Risk | Moderate |
| Ratio | 1:1 |
| Bias | Range to positive |
| Max Reward Expected | ~Rs. 40,144 |
| Max Risk Expected | ~Rs. 22,500 |
| Action | Scrip | QTY | Entry Price | LTP |
| BUY | DRREDDY FEB 6000 CE | 125 | 217 | 217 |
| SELL | DRREDDY FEB 6500 CE | 125 | 38.15 | 38.15 |
|
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