Axis Bank bounced off from rising channel support at 760. That price also seem to be a horizontal support area. If the stock holds on to the channel we can expect a considerable move upwards. Notable resistance is at 820 area where life time high falls as well.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general...
Hi All ,
Don't expect 1 trade to give million Rs , lets be realistic, We expect 5-10 Rs profit in following Bullish spread in 3-5 days.
we can't be greedy (Market is expensive,but at the same time trend is up )
Buy 660 Sep call @ 21.3
Sell 680 Sep call @ 13.8
Stop loss is EOD closing below 620 , Target is EOD close above 660 .
P.S options are...