## Comment on Live Example - 2

Hello sir

I have a doubt.

HDFC= 0.79*ICICI+ INTERCEPT+RESD

For every 100 shares of ICICI we need 79 shares of HDFCBANK. 1 Lot (ICICI)= 2750. Thus we require 2750*0.79 or 2172 shares of HDFCBANK. Therefore we need 2172/500 or 4 lots (approx) of HDFC to trade.

1 lot of ICICIBANK and 4 lots of HDFCBANK, i think, is a combination.

Thanks