neneram

Maruti Suzuki - Strategy

NSE:MARUTI   MARUTI SUZUKI IND
Hi All ,
Maruti is heavily overbought on daily , But can't predict when will it turn around ,Maybe 10k psychological price point

No Naked shorting or Long:

Use following Futures and options strategy:
1) Buy Jan futures 1 lot , sell Feb futures 1 lot ( On pull back to moving average observe pattern and exit short , continue long)
2) wait patiently till pull back to moving average , Observe the pattern (marked in circle):
Buy futures , sell call of nearest strike price or in the money call.

3) DO NOT buy put / call pair , options are expensive right now , premium will decay swiftly.

Manage risk , You need atleast capital of 2.5 lakh to take above strategy .
If you don't have that capital , this trade is not for you.

Consult your financial adviser before taking any trade, F&O is highly risky.
What will get if i buy 1 lot near expiry and short next expiry.......where i cant see any major premium in next expiry future....better i enter on long when it pullback on moving average.....correct me if i am thinking wrong
Reply
neneram vishalt87
@vishalt87,
Strategy is Buying JAN Futures i.e next month and not current December month,and shorting is of FEB futures.
This is to play both directions short (i.e pull back) as well long(continuation of existing trend).

Or the other way is wait till pullback on moving average and enter on reversal candle.
Reply
vishalt87 neneram
Okay
Reply
due to vega DO NOT buy put / call pair , options are expensive right now , premium will decay swiftly.

cant rely maruti anymore...it true over heated stock
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