Tata Motors
- trading near 200 day EMA
- 50 day EMA around 429
- trend line resistance around 460
- 470 another resistance zone
- Support at 380
Given the set up, strategy for June expiry
Consider selling 480 Call option and 360 Put option
Lot size: 1425
Net incoming: 10.25 approximately
Profit potential Rs 14606 per lot (10%)
Risk if Tata Motors closes above 490.25 or below 349.75 on 30 June 2022
Take care & safe trading...!!!
- trading near 200 day EMA
- 50 day EMA around 429
- trend line resistance around 460
- 470 another resistance zone
- Support at 380
Given the set up, strategy for June expiry
Consider selling 480 Call option and 360 Put option
Lot size: 1425
Net incoming: 10.25 approximately
Profit potential Rs 14606 per lot (10%)
Risk if Tata Motors closes above 490.25 or below 349.75 on 30 June 2022
Take care & safe trading...!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.