As per technical Analysis and OI Data Looks Like Federal Bank Ltd Will Face Resistance Near 137-138 considering This will go for Option Trading.
if its break 134-133.50 level then probably Federal Bank Ltd Will test 130-128 Level on Chart.
Buy Federal Bank Ltd 130 PE Aug
Buy Near 2.60
Investment Required 13000
Stop Loss - 1.60 Maximum Loss - 5000
Target- 5,6.50
Profit upto 19500
Only For Educational Purpose.
if its break 134-133.50 level then probably Federal Bank Ltd Will test 130-128 Level on Chart.
Buy Federal Bank Ltd 130 PE Aug
Buy Near 2.60
Investment Required 13000
Stop Loss - 1.60 Maximum Loss - 5000
Target- 5,6.50
Profit upto 19500
Only For Educational Purpose.
Trade active:
Option Call Order Executed Near 2.30
Comment:
PE option Price 3 safer Can book 3500 Profit