rudraprasad389

Short on sbi life insurance

Short
rudraprasad389 Updated   
NSE:SBILIFE   SBI LIFE INSURANCE
CMP 1130 , Target 1000 , Expected to touch 200 day ma . Weekly and monthly time frames are in downtrend .one can buy put options of 1100 or sell futures at CMP. Timeframe March 2023
Trade active:
10 points down . Hold till march end.
Trade active:
70 points down from the recommended price . Hold for the entire moth.
Trade closed manually:
Lowest price on March series is 1050 , Total 80 points captured- 80*750 =60,000 booked profit per lot.

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