Options Call Buy Reliance Ltd Strike 1900 @ Rs. 85 or below

Feb 3, 2021

RELIANCE
Options Call Buy Reliance Ltd Strike 1900 @ Rs. 85 or below
Entry 85 or below
Target 125
SL 60
Stock is trading at CMP 1928. stock is responding from demand zone and expected to touch at supply zone at 2100
Buy Call Options Strike 1900, 25 Feb Expiry for Target of 125 hold for 2 trading days. close position by Friday EOD.

Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.

Feb 6, 2021

Trade closed manually

Option entered in Entry price but on lower side it was quite safe and did not moved lower side. Since Stock remained in range bound , So marginally 2-4 points profit was observed.