L&T FINANCE LTDShort
L&T Finance Holdings Theta Decay
L&TFH isnt able to break 210 handle as u see doji/shooting star/spinning tops it seems there is pressure on upper side
North Korea problem has resurfaced so my bet is that it would be hard to Breach 210 for this Month
Macd seems to be going to converge on side side
Stochastics shows overbought stock so it will retrace or consolidate before new rally
L&TFH 210 CE is @ 3.45 so 3.45*4500=15525 profit if L&TFH stays below 210 at expiry
you can book profit midway or trail it with stoploss once in profit and if it Breachs 210 then we book our Losses
North Korea problem has resurfaced so my bet is that it would be hard to Breach 210 for this Month
Macd seems to be going to converge on side side
Stochastics shows overbought stock so it will retrace or consolidate before new rally
L&TFH 210 CE is @ 3.45 so 3.45*4500=15525 profit if L&TFH stays below 210 at expiry
you can book profit midway or trail it with stoploss once in profit and if it Breachs 210 then we book our Losses
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