GODREJ CONSUMER – Oct Futures Buy with Aug CE Hedge | Gann Time–

Gann View:

Price holding above spindle bottom of ₹1,160 (last swing low).
SL at ₹1,155 = 5-point lost motion buffer to avoid false breaks.
Double bottom aligns with current time vibration window → high reversal probability.


My Position (2 lots = 1,000 shares):
Buy Oct Futures: ₹1,163 (50%) + ₹1,160 (50%) → Avg ₹1,161.50
Stop-loss: ₹1,155 (Hard stop)


Hedge (Aug Expiry):
Sell 1200 CE @ ₹19 → ₹9,500 premium
Sell 1240 CE @ ₹7 → ₹3,500 premium
Total premium collected: ₹13,000 → offsets entire SL risk till Aug expiry



Risk–Reward Profile

Worst-Case Risk (if SL hits immediately):
Futures loss: ₹6.50 × 1,000 = ₹6,500
Less premium: ₹13,000
Net P&L: +₹6,500 (still a gain due to hedge)


If T1 ₹1,215 hits:
Futures profit: ₹53.50 × 1,000 = ₹53,500
Plus premium: ₹13,000
Total gain: ₹66,500



If T2 ₹1,245 hits:
Futures profit: ₹83.50 × 1,000 = ₹83,500
Plus premium: ₹13,000
Total gain: ₹96,500



If T3 ₹1,275+ hits:
Futures profit: ₹113.50 × 1,000 = ₹1,13,500
Plus premium: ₹13,000
Total gain: ₹1,26,500


Why I Like This Setup:
Gann time–price confluence + double bottom at key swing.
Hedge neutralises downside — even worst case is profitable till Aug expiry.
Defined SL, layered targets, strong R:R skew.



Disclaimer:
Educational purpose only. Not a SEBI-registered advisory. DYOR before trading.