Hi All ,
Don't expect 1 trade to give million Rs , lets be realistic, We expect 5-10 Rs profit in following Bullish spread in 3-5 days.
we can't be greedy (Market is expensive,but at the same time trend is up )
Buy 660 Sep call @ 21.3
Sell 680 Sep call @ 13.8
Stop loss is EOD closing below 620 , Target is EOD close above 660 .
P.S options are risky, consult your financial adviser before taking trade.
Don't expect 1 trade to give million Rs , lets be realistic, We expect 5-10 Rs profit in following Bullish spread in 3-5 days.
we can't be greedy (Market is expensive,but at the same time trend is up )
Buy 660 Sep call @ 21.3
Sell 680 Sep call @ 13.8
Stop loss is EOD closing below 620 , Target is EOD close above 660 .
P.S options are risky, consult your financial adviser before taking trade.
Comment:
Looks like Nifty fall is going to take out our trade. That's the reason we sold higher level call.
Comment:
Tomorrow EOD if this shows green candle , Than we will keep this trade active otherwise we wont hesitate to book loss and move on .
Trade closed: target reached:
Folks start booking profits, Don't let the profits become losses
660 call @ 30.5
680 call @ 19.5
660 call @ 30.5
680 call @ 19.5