NIFTY | Expecting the gap to be sealed @ 11076, NASDAQ was gap up too 2 days ago + RSI bearish divergence in 30 min's time frame.
CMP : 11228
Falling which hopefully can get some dips in good stocks.
Instead of buying PUT can consider selling 11300 CE in Oct 8th expiry.
As we have seen reliance followed our targets of top levels. Now what we have to keep in mind is 1500 levels acts as a strong or rather very strong resistance. Now we have to keep in mind reliance can even touch 1750 levels once(ONCE), Mark it and it would be only factor to lift up nifty, and in other terms if it does goes up, will deny all other stocks which have...
DishTV closing above 79 however 85 is the resistance, today long built up seen in 85 and 90 CE hence looks good for Upside
Hedge Trade with Bull Spread call
lot size 7000
Buy 80 CE at 3.1
Sell 82.5 at 2.1
max loss 7000
max profit 10500