SRF CAN IT BE A BUY ON THESE LEVELS Hello Friends,
Last month we have seen a small buying interest in many chemical stocks due to Chinese negative sentiments excluding SRF. In August few brokerage firms intiated buy call for this particular stocks that's the reason it didn't performed well as we all know how the buying calls Game Works. I have been tracking this stock from last few months.
We can buy SRF 2400 CE Options September Expiry Currently Trading at 59.90 it will cost you around 23000 to buy this option.
This OPTION CE looks very bullish besides the stock is being trading in a narrow range. It's a bit risky but worths a buy.
Target of this OPTION CE can be 275plus.
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Disclaimer-Option Buying is Risky.
