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manavtechresearch
Dec 13, 2019 6:27 AM

ICICI BANK-VS-ICICI PRU LIFE INS PAIR TRADE 

ICICI BANKNSE

Description

ICICI BANK-VS-ICICI PRU LIFE INS PAIR TRADE
EXECUTE THE FOLLOWING

ICICI PRU
DEC FUT
BUY@497
QTY:1500

ICICI BANK
DEC FUT
SHORT @540
QTY:1375

!!EXECUTE BOTH TRADES!!
!!STATISTICAL ARBRITRAGE!!
!!HOLD FOR GAINS!!
!!FOLLOW UP-FOR UPDATE!!

Trade active

Trade active

Comments
mklives
SL?
manavtechresearch
@mklives, no practical stoploss in pair trade since we are in arbritrage trade but there is one by tracking z-scores i will update if any breach in those levels
mklives
@manavtechresearch, thank u.well icici am short at 543.. even if it goes up from here its a short again.. very much extended on daily charts
manavtechresearch
@mklives, today it will open higher lets see if it sustains but pair trade is much more safer when stocks are moving high and you are looking to short them
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