balaji_damo

Escorts - Long idea

Long
balaji_damo Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
Escorts has taken support at 694.

One can long at or above 695 with SL at 680 for T1 - 707 T2 - 719 T3 - 731 T4 - 740

Please Keep tight SL.

Alternatively one can short 680 PE and 740 CE together.

680 PE at 14.5
740 CE at 10.8
Trade active:
T1 reached
Comment:
Options trade is on profit.

The stock is at support will move back to 700. We can relax SL to 675
Comment:
T2 - Reached
Comment:
Both options expired at 0 fetching good returns

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