neneram

TCS - strategy

Long
neneram Updated   
NSE:TCS   TATA CONSULTANCY S
Hi All ,
Nice weekly Bull candle, Nice trendline support

wait till EOD tomorrow:
Simple strategy (If close is around 2600 Tomorrow):

1) Buy 2600 call (currently 20 rs) , Sell 2650 call (currently 6 rs) ---- Risk 14 rs per lot i.e 3500rs

If close is not around 2600-2610 tomorrow than will update this after looking at option price around 3 pm.


Don't over leverage , You need 1 lakh capital for this trade.
If you don't have capital this trade is not for you.
F&O is highly risky , especially options As premium decay is swift.
Trade active:
Folks Buy 2650 call at 26 and sell 2700 call at 11 (Approx 15 rs risk per lot, i.e 3750)
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