Expecting Short Term Negative Trend In Glenmark

Updated
As Per Technical Analysis and Volume Analysis Mention Stock looks Bearish If its break 782-779 Level then possibly It will test 740-720 level.

Considering This i am Planning to go for hedge Trade August Series.

Buy Glenmark 800 CE Near 33-34 and sell future Below 802, Stop Loss 811 Target 785,775

Investment Required 55000
Maximum Loss = 13000
Profit Upto = 26000
Offset = 1% Of capital

Only For Educational Purpose.
Trade active
F&O Hedge Order Executed
Note
Made Low 788.50
Trade closed: target reached
Target Done
Support and ResistanceTrend Analysis

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