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vigneshwaraj

Expiry Strategy: Sell 370 Call May @3.3 & Buy 380 Call May @ 1.7

Short
GAIL INDIA LTD (NSE:GAIL)  
vigneshwaraj  
NSE:GAIL   GAIL INDIA LTD
Trend Analysis Technical Indicators options-strategy optionstrader optionstrategy optionsstrategies expirystrategy
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trendanalysis indicator options-strategy optionstrader optionstrategy optionsstrategies expirystrategy
Trend is continued to be in consolidation phase between 310 and 400 levels. It wanders around 200 day EMA while MACD signals negative bias by staying below zero line. Expect it to stay below nearby resistance level of 370 till this expiry. As election result is on due, would like to adopt spread strategy. Lot size: 2667.
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