DLF LTDShort
DLF: Chart set up & strategy for September series
Updated
DLF
CMP 161
- 168-172 is potentially strong resistance zone
Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry
in the price range of 7.5-10
CMP 7.65
The strategy covers a risk of rise up to 177.5-180 levels till 24 September
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Take care & safe trading...!!!
CMP 161
- 168-172 is potentially strong resistance zone
Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry
in the price range of 7.5-10
CMP 7.65
The strategy covers a risk of rise up to 177.5-180 levels till 24 September
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Take care & safe trading...!!!
Note
DLF is still at 161 odd levelsDLF 170 Call option is at 2
Thats a profit of 3300 * (7.65-2) = Rs 18645/- per lot
Consider booking profits as per risk appetite
Happy trading...!!!
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