With 15,400 in sight for Nifty, analysts suggest a long call butterfly

The sale of the two calls greatly cuts the upfront cost of the strategy, but it also caps the maximum upside at 15,400. However, given the strategy’s low cost, the risk-reward ratio is “highly” favourable, said Baheti.

from Stocks-Markets-Economic Times https://ift.tt/3qgAWpr