UPL is in downtrend and is taking support at 680.
Keep strict SL as it is against trend.
Go long above 719 with SL at 700 for T1 - 730 T2 - 740 T3 - 745
This requires trade management if it goes south with nifty.
Alternatively one can go short on 680 PE at 5.5 and 760 CE at 7 together for 15000 INR in 13 days.
Keep strict SL as it is against trend.
Go long above 719 with SL at 700 for T1 - 730 T2 - 740 T3 - 745
This requires trade management if it goes south with nifty.
Alternatively one can go short on 680 PE at 5.5 and 760 CE at 7 together for 15000 INR in 13 days.
Trade closed: target reached:
T2 reached and made high of 744.3
Comment:
Options are almost 0.05
Trade closed: target reached:
Spot expired at 762 giving good returns on options trade
Options trade is on...