Dr Reddy: Will it take a breather
Updated
Dr Reddy
We observe a bearish harami cross candlestick pattern.
Levels mentioned in chart
Alternatively one may consider selling Dr Reddy 4100 Call option
Expiry: 30 April 2020
Lot size 250
Price range around 80 (Closing Price is 86.20)
Target: 20 / 0
Take care & safe trading
We observe a bearish harami cross candlestick pattern.
Levels mentioned in chart
Alternatively one may consider selling Dr Reddy 4100 Call option
Expiry: 30 April 2020
Lot size 250
Price range around 80 (Closing Price is 86.20)
Target: 20 / 0
Take care & safe trading
Trade active
Dr Reddy 4100 Call optionCMP 85
Trade active
Dr Redddy 4100 Call option updateSold @ 85
Cmp 35
That's a profit of 250*50= Rs 12500/- per lot so far
Consider partial profit booking & keep Stop loss @ cost for balance to ensure profitability in trade
Enjoy & Happy trading...!!!
Follow
Trade closed: target reached
In cash market Target 2 achieved. Made a low of 3930.10 so farStrategy update
4100 Call option
Target of 20 achieved.
cmp 19.50
That's a profit of 250*65.5= Rs 16375/- per lot.
Consider booking profits completely as per risk appetite or keep a revised stop loss at 35 to ensure profitability in trade & continue to hold
Happy trading...!!! :-)
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