ICICI Bank: At make or break levels
Updated
ICICI Bank
Closing price 305.25
The stock is at make or break levels.
Keep a close eye as opportunity could be in any direction....
Sustaining the zone of 302-305 the stock has the potential to head higher
T1 314
T2 318
SL 298
Breaking 302 the stock may get weaker and probability of testing & trying to fill the gap zone increases
T1 288
T2 276
SL 308
Take care & safe trading...!!!
Closing price 305.25
The stock is at make or break levels.
Keep a close eye as opportunity could be in any direction....
Sustaining the zone of 302-305 the stock has the potential to head higher
T1 314
T2 318
SL 298
Breaking 302 the stock may get weaker and probability of testing & trying to fill the gap zone increases
T1 288
T2 276
SL 308
Take care & safe trading...!!!
Trade active
Data analysis suggests Upside looks likely to be limited...One may consider selling
ICICI Bank 310 Call Option
Lot size 2750
Price 6.2
Max profit potential Rs 17050/- per lot
(As good as selling Futures with limited profit BUT MORE IMPORTANTLY IN BUILT LOSS PROTECTION for rise in stock price up to 316.20 till Expiry)
Take care & safe trading...!!!
Note
ICICI BANK 310 Call Option updateLot size 2750
Sold at 6,2
CMP 4.7
That's a profit of Rs 4125/- per lot for the day.
Intra day traders may consider booking profits
Happy trading...!!!
Trade closed: target reached
Target of 288 reachedMakes a low of 287
ICICI BANK 310 Call Option update
Lot size 2750
Sold at 6,2
made a low of 1.05
CMP 2.05
That's a profit of Rs /- 11412 per lot
Consider booking profits as per risk appetite
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Happy happy trading...!!!
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