It is long running arbitrage position
Since Tata motors is future traded when motor/dvr ratio moved beyond 2.15
I sold x no motor and bought 2x dvr. In anticipation of reversion to mean
I added more positions as ratio went up
Today it has comedown to 1.66
So squared up 25 % position
Shall be out of trade by the time ratio reaches 1.5
This is no suggestion to trade
Pls carry out due diligence
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