Pair Trading in indian stock market
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Tuesday, 5 June 2012
TATA MOTOR & M&M
BUY 1 lot tata motor & 400 shares in cash & Sell 1 lot M&M
Cirrent price ratio is 0.341 (222.75/652.70)
Tgt Profit Rs. 10000/-
Friday, 1 June 2012
Axis Bank & Bank India ( pair trading)
Buy 1 lot Axis Bank & 90 share in cash And Sell 1 lot Bank India at price ratio of 2.866( 943.55/329.85)
Tgt ratio is 2.950 & 3.000
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