| Counter | HDFC LTP 2723.15 |
| Call | Buy on dip |
| Target 1 | 2800 |
| Target 2 | 2880 |
| Stop Loss | 2600 |
| Time Horizon | 3-4 weeks |
| Notes | Buy-on-dip towards 2680 & 2620 |
The Housing Development Finance Corporation (HDFC) Limited is a name that has been associated with the Indian housing sector for the last four decades. As pioneers in housing mortgages, it is a brand name that has been characterised by trust, solidity, both financial and managerial and sound principles. Since the day of its incorporation in 1977, HDFC has defined and set high standards in the housing finance sector.
| Previous Close | 2715.9 | TTM EPS | 141.5 |
| 52 Week High | 2867.0 | TTM PE | 19.2 |
| 52 Week Low | 2026.0 | P/B | 2.6 |
| Sector PE | 19.8 | Mkt Cap (Rs. Cr.) | 503,318 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
Open Interest Study
(Source: Fisdom research)
F&O Strategy
| Scrip | HDFC LTP 2723.15 |
| Risk | Moderate |
| Ratio | 1:1 |
| Bias | Range to positive |
| Max Reward Expected | ₹10,695 |
| Max Risk Expected | ₹ 7,305 |
| Action | Scrip | QTY | IP | LTP |
| BUY | HDFC JUL 2700 CE | 300 | 31.4 | 31.4 |
| SELL | HDFC JUL 2760 CE | 300 | 7.05 | 7.05 |
|
| Counter | PEL LTP 882.55 |
| Call | Buy on dip |
| Target 1 | 960 |
| Target 2 | 1080 |
| Stop Loss | 780 |
| Time Horizon | 3-4 weeks |
| Notes | Buy-On-Dip towards 840 & 820 |
Piramal Enterprises Limited (PEL) is one of India’s leading diversified non-banking financial companies (NBFC) with assets worth ~$10 billion, with a network of over 300 branches across 25 states/Union Territories, offering a wide range of financial products and solutions across retail and wholesale lending, fund-based platforms and investments
| Previous Close | 928.9 | TTM EPS | 96.8 |
| 52 Week High | 2084.1 | TTM PE | 9.1 |
| 52 Week Low | 630.5 | P/B | 0.6 |
| Sector PE | 24.3 | Mkt Cap (Rs. Cr.) | 21,056 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom Research)
Open Interest
(Source: Fisdom Research)
F&O Strategy
| Scrip | PEL LTP 882.55 |
| Risk | Moderate |
| Ratio | 1:2 |
| Bias | Range to positive |
| Max Reward Expected | ₹ 46,963 |
| Max Risk Expected | ₹ 8,058 |
| Action | Scrip | QTY | IP | LTP |
| BUY | PEL JUL 900 CE | 550 | 37.15 | 37.15 |
| SELL | PEL JUL 1000 CE | 1100 | 11.25 | 11.25 |
|
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