Trading opportunity coming up in HDFC bank
The US feds have cut the interest rate by 0.5% triggering pivot for all major central banks.
How ever RBI's stance will depend on inflation levels in india. Even though rates are slashed in near tern by RBI its impact will be seen only in the coming 6-12 months period. HDFC bank has shot up today breaching Rs. 1700/-. Good time to sell call option or maybe a swing spread
How ever RBI's stance will depend on inflation levels in india. Even though rates are slashed in near tern by RBI its impact will be seen only in the coming 6-12 months period. HDFC bank has shot up today breaching Rs. 1700/-. Good time to sell call option or maybe a swing spread
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