ONGC: EXPIRY Comparative Study & No GST Effect
ONGC: @ 157.85.
EXPIRY Comparative Study
Comparison of Last 4 months Expiry Day & after Effect. (Thumb rule: HISTORY REPEATS)
Having No GST (Goods & Service Tax) Effect in this Counter.
Looks Fundamentally GOOD, After Corrected from @ 205 Level (Recent PAST).
Also LONG / Accumulate for Good Dividend Yield.
Best LONG @ 156.5
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EXPIRY Comparative Study
Comparison of Last 4 months Expiry Day & after Effect. (Thumb rule: HISTORY REPEATS)
Having No GST (Goods & Service Tax) Effect in this Counter.
Looks Fundamentally GOOD, After Corrected from @ 205 Level (Recent PAST).
Also LONG / Accumulate for Good Dividend Yield.
Best LONG @ 156.5
If you think this post enrich your knowledge and would help you in trading,
Please don't forget to Hit / Click the Like button.
Your likes are the only motivation to post better ideas in future.
Trade active
Trade Activated @ 156.5Till NOW today's LOW.
Note
Strategy for Future Trade:LONG Fut @ 157.55 + LONG 155 PE @ 3.1 + SHORT 165 CE @ 2.00.
Max LOSS: Rs. 3.55 /LOT
Max Profit: Rs. 6.45
Better Calculate yourself Also
Note
Can Change SHORT 165CE with SHORT 167.5CE (@ 1.70)Extra Risk Rs. 0.40, EXTRA GAIN Rs. 2.50
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.