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balaji_damo
Dec 17, 2017 4:24 PM

Maruti - Short idea Short

MARUTI SUZUKI INDNSE

Description

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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