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Cipla: Mera wala Price @ 530

Long
NSE:CIPLA   CIPLA LTD
Cipla
CMP 589

If I have to buy, that's the price (around 530) I would be looking at.

Set your alerts around that level.

Follow

Take care & safe trading!!!
Trade active: Given the view, one may consider selling Cipla 28 May expiry 630 Call option around 18.
Lot size 1150

Max profit potential Rs 20700/- per lot
Loss if Cipla closes above 648 on 28 May expiry day

Option trading involves risk
Follow risk management measures


Take care
Trade active: Cipla 630 Call option update
Suggested selling at 18

Cmp 7.7

Current profitability 1150*(18 - 7.7)= Rs 11845/- per lot

Enjoy & have a gr8 weekend...!!!

Comments

Thanks for this idea, i took a small scalp
Reply
@itsprits, Nice... :-)
+1 Reply
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