TradingView
balaji_damo
Nov 25, 2017 11:39 AM

Amararaja - Short Idea Short

Description

Amararaja has given a good bull run after a continuous down fall.

Given the rise is too sharp there will be a retracement.

One can go short below 780 with for T1 - 768 T2 - 748 T3 - 729.

SL at 797 or 807 (based on risk appetite) as 807 is resistance.

For this expiry one can go short on 820 CE at 4 and 740 PE at 1.8. If you are aggressive you can short 800 CE at 10.5 for better premium

Comment

All options expired at 0.05 fetching full premium.

Short trade not active yet

Trade active

Comment

T1 Reached
More