balaji_damo
Long

Raymond - long idea

NSE:RAYMOND   RAYMOND LTD
Raymond is at support after a synthetic fall due to yesterdays Arvind results.

One can go long at or above 1060 with SL at 1030 for T1 - 1090 and T2 - 1120

alternatively one can go short on 960PE at 6.5 and 1200 CE at 4.25 for 8% returns in a month. (liquidity and slippage issue will be there)

or

one can go short on 1000 PE at 14 and 1140 CE at 9.20 for better returns with higher risk in a month.

Please understand the downfalls of options writing (unlimited loss) before trading. Also have a risk management in-place.

Please keep a watch on any budget bonanza for textile industry which might affect this stock and trade accordingly.
Comment: trade not active
Comment: 1200 CE at 0.2 960 PE at 20 = -10.5 points loss so far (this might go into profit)

1140 CE at 1 1000 PE at 50 = -27.8 points loss so far (this might give Cost to cost exit)
thanks tell us when to buy again
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out