One year co-relation between Hindalco and Sterlite is above 90%, while Upper spread is 16.08, Mean spread 14.59, Lower Spread is 13.10 and current spread is 19.25
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FREE SUBSCRIPTION
I will open this trade next week by going long on Hindalco futures and shorting Sterlite futures at price ratio in the range of 1.18 to 1.19 with Stop loss placed at 1.14 for target of 1.23, 1.31+
HINDALCO (September FUTURE Lot size 2000) : 118.40
STERLITE (September FUTURE Lot size 2000) : 99.15
*~Outlflow(`2lac), Time horizon - 30 - 60 days, Expected return 10-12%
HINDALCO (September FUTURE Lot size 2000) : 118.40
STERLITE (September FUTURE Lot size 2000) : 99.15
*~Outlflow(`2lac), Time horizon - 30 - 60 days, Expected return 10-12%
Disclosure/Disclaimer and FAQ
*If you have any questions, queries or need more explanation, leave comments below also please don't forget to LIKE my page. Our commitment to you: we want to make money with you, not from you. We execute all trades that we share with members at our personal account. If you lose we lose too. If you profit, we profit too. Contact us at [email protected] if you have any questions.
FREE SUBSCRIPTION
Entered into Pair trade today at
ReplyDeleteHINDALCO (September FUTURE Lot size 2000) : 119
STERLITE (September FUTURE Lot size 2000) : 103
which software u r using for PAIR trading (above image)
ReplyDelete@ Mehul - I am using Amibroker
ReplyDeleteThis pair trade didn't favoured us due to fundamental news going around on Hindalco. Booked 8.4K loss and exited today @
ReplyDeleteHindalco : 116
Ster : 104.20