indiamarketoutlook

LIC HSG FIN: Near important resistance levels

Short
NSE:LICHSGFIN   LIC HOUSING FINAN
LIC HSG FIN
Cmp 260.8


Around 266-267 is an important level which may act as resistance

Given the setup, one may consider selling LIC HSG FIN 25 Jun expiry 280 Call option currently at 11

Max profit potential Rs 14300/- per lot (yield potential of 14% approximately) till 25 June.

More importantly, In built loss protection for rise in price up to 291 in equity

Take care & safe trading...!!!

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