Hindalco: Chart set up and trading strategy

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
Near about 2% move for Intraday traders

Intraday traders may consider to book profits and enjoy the weekend


Happy trading

Like & Follow for more such ideas
Comment: 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

Like and follow for more such ideas


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.