Hindalco: Chart set up and trading strategy
Updated
Hindalco
Levels mentioned in the chart
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F&O Strategy
Consider selling Hindalco 26 Aug Expiry 470 Call option (currently at 7.65)
Max profit potential Rs 16447/- per lot
Loss protection for a rise in stock price up to 477.65 till expiry day
Levels mentioned in the chart
_____________________________________________________________________________
F&O Strategy
Consider selling Hindalco 26 Aug Expiry 470 Call option (currently at 7.65)
Max profit potential Rs 16447/- per lot
Loss protection for a rise in stock price up to 477.65 till expiry day
Note
Near about 2% move for Intraday traders
Intraday traders may consider to book profits and enjoy the weekend
😀
Happy trading
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Note
Strategy update:Hindalco 470 Call Option
Has come down from 7.65 to 5.45
Enjoy and happy trading...!!!
Trade closed: target reached
Target achieved
Strategy update
470 Call option 3.5 (recommended selling at 7.65)
Profit of Rs 8922/- per lot so far
Consider booking profits
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