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.
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Looks like Nifty fall is going to take out our trade. That's the reason we sold higher level call.
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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
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Folks start booking profits, Don't let the profits become losses