praveen.gupta

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

Long
praveen.gupta Updated   
NSE:RELIANCE   RELIANCE INDS
Entry 75 or below, Last Closing price 85.25
Target 125+
SL 60
RELIANCE
Stock is trading at CMP 1923. stock is responding from demand zone and expected to touch at supply zone at 2100. So there is scope
for call to appreciate.

Buy Call Options Strike 1900, 25 Feb Expiry for Target of 125+ hold for 5 trading days. Last Closing price 85.25. Option price will fall on
opening on monday due to decay in theta.

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

Trade closed manually:
CE price moved to below 75 then moved up to 108, close position in profit
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