LIC HSG FIN: Chart set up and trading strategy
LIC HSG FIN
CMP 379
Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412
Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry
410 Call option around 5
Max profit potential in the strategy Rs 10000 per lot
Yield potential in strategy is of 4.5% on Margin up to 31 Dec
Risk coverage for a rise in stock price up to 415 has been factored in
Do Hit the Like button or Comment below.
Follow for more such ideas.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 379
Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412
Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry
410 Call option around 5
Max profit potential in the strategy Rs 10000 per lot
Yield potential in strategy is of 4.5% on Margin up to 31 Dec
Risk coverage for a rise in stock price up to 415 has been factored in
Do Hit the Like button or Comment below.
Follow for more such ideas.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade closed: target reached:
LIC HSG FIN 420 Call option giving the desired results.
Complete profit with minimum risk
Happy trading...!!!
Complete profit with minimum risk
Happy trading...!!!
LIC HSG FIN 410 Call option
CMP 1.40
Suggested selling at 5
Current profit 2000* (5-1.4) = Rs 7200/- per lot
Happy trading...!!!