1. Potential change in MS underway 2. Still in consolidation mode 3. Symmetrical Triangle pattern 4. Flag & Pole formation 5. Early entry will give a better RR ratio 6. Support zone: 262-267 7. Target: 296, 320, 332, 350. Stop loss: 263
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S:This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
hai sir I buy 310 ce June expiry 2.05, current premium price 1.05 what can i do?
johntradingwick
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@bojatfd2009, You should have already booked your loss. If you buy options, then please always use a stop loss of around 10% or a maximum of 20% and take profit above 30-40%. NEVER wait till expiry else you will always lose money. The idea is still valid until the price closes below 263 but you are already in 50% loss.
bojatfd2009
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thanks for reply sir
sohamdey76
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Hi John.Vedanta gave a good closing at 270. Can we go for the swing trade?
sohamdey76
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Hi John. Entering Vedanta for the swing trade. Hopefully this will go through.
nallujoy
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Hi Sir, I bought vedl 280 ce @ 3.50 and now price is 2.30 what I should do now..have to wait (15000) qty.
johntradingwick
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@nallujoy, Like I already said to other guys, always use a stop loss of around 10% or a maximum of 20%. NEVER wait till expiry else you will always lose money.
jiteshbinnar100
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I buy vedanta 280 ce June expiry @ 13.40, current premium value is 5.15 ..what can I do now ?? Please suggest..
johntradingwick
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@jiteshbinnar100, You should have already booked your loss. Your position has lost more than 60% of its value and it will keep on decaying with time unless the breakout comes. You can wait for the breakout if you are willing to bet the remaining 40% value. I truly cannot suggest you anything.
And please always use stop loss, even if you are buying options. You can use 10-20% SL.
what can i do?