HindPetro Short Setup

Nov 30, 2016

HINDPETRO

End of Bully Rally & Bearish Divergence

Sell Range - Rs460 to Rs480
SL - Rs510 (weekly Close)
Target 1 - Rs396
Target 2 - Rs340

Potential Return - 32%
Potential Loss - 7%

Very goood RR Ratio, worth a try...

Nov 30, 2016

Note

Option Strategy

Buy Dec 400 PE - Below Rs2 ( CMP - Rs1.20)
Buy Jan 400 PE - Below Rs4.75 ( CMP - Rs4.15)

be careful with options because of time value...

Nov 30, 2016

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Nov 30, 2016

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Nov 30, 2016

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Maruti & ONGC Similar Strategy click above charts to view

Dec 2, 2016

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Dec PE 400 now CMP Rs4