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indiamarketoutlook
Jun 3, 2020 7:12 AM

LIC HSG FIN: Near important resistance levels Short

LIC HOUSING FINANNSE

Description

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...!!!
Comments
Vinaykumar777
@indiamarketoutlook Great Analysis , I saw todays closing price is 5.60 is this structure still valid ? pls chk , thx for all the great work .
dattathreyaraok
did not understand this:
"In built loss protection for rise in price up to 291 in equity".
indiamarketoutlook
@dattathreyaraok, Futures & Options prices are derived from price in equity market. So far as LIC HSG FIN remains below 291 on expiry day, the strategy would be profitable.

If interested in knowing more details you may msg in private.
AMBRISH
How to trade in future?
indiamarketoutlook
@AMBRISH, hi Ambrish

futures and options are leveraged high risk products. You need to first understand the risk part and how it works. Once you are done with your groundwork, you can get your derivatives segment activated from your existing broker.

Hope that information helps.
AMBRISH
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