balaji_damo
Short

Maruti - Short idea

NSE:MARUTI   MARUTI SUZUKI IND
Maruti is facing resistance at top and is consolidating around 9100.

Please keep SL as this stock has got upgrade and recos.

Go short at or below 9150 with SL at 9238 for T1- 9134 T2 - 9093 T3 - 9047 and T4 - 9011.

Alternatively one can go short on 9400 CE at 65 and 8850 PE at 62 for 9525 INR in 10 days
Trade closed: target reached: Reached all trgt but That was so quick and humanly not tradeable at that speed.

Options trade on
Trade closed: stop reached: Spot expired around 9625. On options trade net 100 points loss i.e 7500INR loss

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