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how to hedge an non fno stock-holding ttk prestige 120 shares approx 9 lakhs
If there is a strong correlation between stock and index then u can hedge it by index future.
Added in Sumit Jee reply.
Kindly go through Nitin Sir’s Play List F&O Section Title “Hedging strategies with Option & Future” dated 13rd July 2018 for further detailed reference. It will give you a thorough reply to your query.
Added in my reply
Also kindly go through Nitin Sir’s Play List Section Swing Trading Section Title “Should I hedge swing trading stocks” dated 20th Dec, 2018 for deep understading. This is given only due to I am revising all the videos of Nitin Sir.