2 top stock recommendations from Jay Thakkar

May 31, 2023

So, the strategy for the day should be a bull call spread wherein one can buy right now, maybe a covered call on a futures wherein you can buy right now and also sell the higher call options so that you are hedged. So, in case there is no bounce, the loss is limited because you are already trading below the crucial support level of 44,000 there on Bank Nifty.

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Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions

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