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praveen.gupta

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

Long
RELIANCE INDS (NSE:RELIANCE)  
praveen.gupta Updated   
NSE:RELIANCE   RELIANCE INDS
Supply and Demand Multiple Time Frame Analysis
6
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supplyanddemand mtfa
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.


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.

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praveen.gupta
Options Call Buy Reliance Ltd Strike 1900 @ Rs 75 or below
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