indiamarketoutlook

ICICI PRU LIFE: At important resistance zone

Short
NSE:ICICIPRULI   ICICI PRUDENTIAL L
ICICI PRU LIFE
CMP 405.50

The stock is at important resistance zone

Strategy

Look to sell ICICI PRULIFE using Options.

Option Strike Price : 420 Call Option

Expiry: 29 August 2019 expiry

Current Price : 9

Lot size: 1500

Max profit potential Rs 13,500 per lot

In built loss protection for rise in stock up to 429 till 29th August 2019


Take care & safe trading...!!!

Disclaimer

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.