Capital Finance Theta Decay Trade and Intraday Idea

Projecting Capital Finance on its demand zone of 720 levels. It had been consolidation on 680-720 since months and shown a breakout towards 800 some times back. In terms of fundamentals of the industry of NBFC, it is a great buy.

CAPF August 700 PE is at 4.8.
CAPF September 720 PE is at 22.

There is no point of buying CAPF August Futures at the time of expiry but September Future is at a high premium of 715 while the spot is 712.05.
Comment: Update TSL to 710. It's a riskfree ride now.
Trade closed: target reached: We've reached our target :)
Day trades hit target as Tview posts it after 15 mins! Get trades instantly and discuss them with me at Slack Channel @

For BankNIFTY community, Visit:

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out