Long IGL above 512 Long

INDRAPRASTHA GASNSE

Description

⋅ Nov 11, 2021 4:13 PM

IGL is trading within long term channel and above 200 EMA most of the time.
It came below 18th Oct but again looking for inside 200 EMA
if close above 200 EMA then whatever pattern was there for IGL same will get repeat again.
Its slow moving stock and like buy and hold

Comment

⋅ Nov 11, 2021 4:14 PM

Previous trade on IGL

Comments

sathyac93

⋅ Nov 12, 2021 1:49 PM

Hello sir,
I am holding 510ce 25nov21 @10.85. what should I do?

siddmuk2005

⋅ Nov 12, 2021 2:54 PM

@sathyac93, sell 530 call and and Sell 480 Put Buy 460 Put. It will create Iron condor for you

NagarajanJ

⋅ Nov 13, 2021 5:50 AM

sir,holding 500ce 25th nov at 12rs.please guide should I exit or to wait.
I can't sell options as I am having low capital...pls advice

siddmuk2005

⋅ Nov 13, 2021 10:00 AM

@NagarajanJ, better exit and buy in cash it will recover your loss money and may be you will be 500 to 1000 rs profit

NagarajanJ

⋅ Nov 14, 2021 5:34 PM

thanks for your reply...😊