VEDANTA LTDLong
Vedanta - Positional Covered call
This trade has an insane risk to reward. Considering all commodity market are mean reversing as of now. CMP of VEDL is 215. One can aim for 300 level with CBSL at 200. The good part is - Being a metal and politically influenced power stock; it moves very slowly. You can do covered call by selling call options. Like 240 CE for this month along with future buy.
Buying stocks are more better because it gives nice dividend.
Buying stocks are more better because it gives nice dividend.
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
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.