As per Open interest Data and Technical Analysis Looks Like hero motocop will face Resistance near 3190-3210 Level and if its break then probably it will test 3350,3450 level in coming time but if its break 3120-3100 level the it will test 3050,3000 level in coming days.
Hedge Position can be executed
Buy 3140 CE Near 65-70 and Sell Heromotocop Future below 3110 Stop loss 3151, Target 3060,3020
Investment Required 45000
Maximum Loss 14000
Profit Upto 26000
This levels are only for educational purpose.
Hedge Position can be executed
Buy 3140 CE Near 65-70 and Sell Heromotocop Future below 3110 Stop loss 3151, Target 3060,3020
Investment Required 45000
Maximum Loss 14000
Profit Upto 26000
This levels are only for educational purpose.
Comment:
Short Entry Executed
Trade closed: target reached:
Both Target Done