Long

Long call option

Updated

Took support on 4H TF.
Trade plan
Buy 560 CE September and hold till sustains above 6.85
CMP 8.5
Target 11 13 16 +
SL below 5.5

PS Only for educational purposes, Do your own research, not SEBI registered

Note

Looks weak, now trading at 6.05. Safe players can exit, aggressive players might stay till spot price holds 450, if traded below 450 for 10 minutes, major sell off could be seen.

Trade closed: stop reached

SL not hit but good idea to close the trade.

Note

Touched low of 3.5. Minimised loss

GaurangJoshi

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