ONGC: EXPIRY Comparative Study & No GST Effect
Updated
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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