TATASTEEL : cmp : 1390.2
After the significant correction, it's reversing from the support level and trying to Break out.
Huge put writing seen at ATM strikes( F &O) .
Good accumulation zone 1380-1400.
Stock from current level might move towards 1560.
Good to grab on dips.
TGT may be 1442/1478
SL 1381 Dclbs
Positional TGT 1560
Sl 1358 Dclbs
Option Strategy : Buy Sept 1420CE/1440CE
OR
Sell Sept 1380 PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
After the significant correction, it's reversing from the support level and trying to Break out.
Huge put writing seen at ATM strikes( F &O) .
Good accumulation zone 1380-1400.
Stock from current level might move towards 1560.
Good to grab on dips.
TGT may be 1442/1478
SL 1381 Dclbs
Positional TGT 1560
Sl 1358 Dclbs
Option Strategy : Buy Sept 1420CE/1440CE
OR
Sell Sept 1380 PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Note
short term Sl triggered.Still keep on radar !!Trade active
1st tgt achievedTrade active
2nd tgt achieved.
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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.