DLF: Chart view and trading strategy
DLF
CMP 262.5
269 -272 looks crucial resistance zone
Given the set up one may consider selling DLF 25 Feb 2021 expiry 300 Call option around 6-8 (CMP 6.2)
Max profit potential in strategy Rs19800 - Rs 2400/- per lot as long as it closes below 300 on 25 Feb 2021
Loss protection in strategy for a rise up to 306 - 308
As a risk management measure we would suggest to be cautious if DLF trades above 282
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 262.5
269 -272 looks crucial resistance zone
Given the set up one may consider selling DLF 25 Feb 2021 expiry 300 Call option around 6-8 (CMP 6.2)
Max profit potential in strategy Rs19800 - Rs 2400/- per lot as long as it closes below 300 on 25 Feb 2021
Loss protection in strategy for a rise up to 306 - 308
As a risk management measure we would suggest to be cautious if DLF trades above 282
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.