Pair trade strategy: Buy Indian Bank, Sell IndusInd Bank same value


We initiate a Pair trade with Long Indian Bank @ 233 and shortIndusInd Bank @ 337 futures for equal value. The current ratio is 0.6963 and we expect this ratio to improve to a minimum of 0.723 implying a yield of 3.8%. strategy is low risk and extremely short term. Stop loss ratio is 0.68.

Pair trade Buy Indian bank sell Indusind Bank

Pair trade strategy for Indian markets Buy Indian Bank and sell IndusInd Bank equal value

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Vinit Bolinjkar Head of Research, Ventura Securities Ltd

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