indiamarketoutlook

Infy view

Short
NSE:INFY   INFOSYS LTD
Infosys
CMP 659

The zone of 665-675 is an important level for Infosys.

Weakness will be confirmed once it closes below 644

Alternatively one may consider the following strategy for Infy

Consider selling Infosys 680 Call option for Jan series

Lot size 1200
CMP 21

Max profit potential ₹25200 per lot

The strategy will have an in built loss protection cover for a rise in stock price up to 701

Take care and safe trading...!!!
Trade active:
Infy

Made a high of 677 and is currently at 667

Infy 680 Call Option is at 20.80
(Strategy is still in profit)

Continue to hold...

Take care & safe trading...!!!

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