DLF : Chart set up and Strategy for DLF

Mar 27, 2020

DLF
CMP 148.50


The zone of 168-177 may not be easy to cross and it may act as a resistance zone.

Given the view

one may Consider the following strategy

Consider Selling DLF 30 April 2020 expiry

Call option

Strike Price: 160

CMP: 10.50

Lot size: 3300

The strategy has a maximum profit potential of Rs 34650/- (Profit potential of 22.5% on Margin amount)

Loss in strategy only if DLF closes above 170.50 on 30 April 2020.

(Inbuilt loss protection of Rs 74250)

Take care & safe trading...!!!

Do hit the like button and comment below...!!!

Apr 13, 2020

Trade active

Dlf strategy Update
Recommended selling 160 Call option at 10.50 on 27th March

CMP 3.50

That's a profit of 3300*(10.5-3.5)= Rs 23100/- per lot so far....

Hope u guys r enjoying the journey....

Consider booking partial profits & keep a trailing Sl at 7 for balance to ensure profitability in trade...

Take care and happy trading...!!! :-)

Do hit the Like button and provide ur feedback in the comments section below....

Thanks

Apr 24, 2020

Note

Dlf 160 Call option update
CMP 0.5

That's a profit of Rs 33000 per lot....

Happy trading ...!!!