balaji_damo

TVSMOTOR - Short idea

Short
balaji_damo Updated   
NSE:TVSMOTOR   TVS MOTOR CO
TVSMOTOR is facing resistance at top and one can initiate short at or below 745 with SL at 758 for T1 - 739 T2 - 728 and T2 - 720.

Alternatively one can short 780 CE at 7.20 and 720 PE 7.25 together and hold till expiry.

More safer would be short 800 CE at 3 and 700 PE at 3 together and hold till expiry.
Comment:
Future didnt get triggered and both options trade gave full returns....

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