NIFTY | Cup & Handle formation (Good only for hedged / spread position - it can take 3-5 days)
CMP : 15770
SL : 15670
Target : 16100
Almost 1:3 risk reward setup.
Reference : Bull Call Spread
Buy 15800 CE
Sell 16000 CE
July 8th Expiry or July monthly expiry
RELIANCE | Expecting breakout as it is having some decent support | Lets experiement a limited risk option spread similar to what we did in BANKNIFTY
CMP : 2060
SL : 2000
Target : 2170,2335
Since RELIANCE is strong and heavy weight stock its worth trying F&O if you are aggressive trader.
Buy 2100 CE
Sell 2150 CE or 2200 CE
