Trade_with_yash

Infosys from 29 may 2021

Long
NSE:INFY   INFOSYS LTD
The stock is in tight range both side movement possible ... range 1380 - 1420

The upside has a target of 1450
infy can be bought if come down to 1350 ( good support zone )

simple option strategy

sell 1300PE + buy 1240PE with breakeven below 1310 --> very safe strategy
... around 50K premium used get around 2k ---> monthly roi of 4-5% good enough

Comments

Tomorrow v1450? Possible
Reply
@chinna6674, 30M close above 1421
Reply
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