LT has traded with volumes more than 6 times its average on NSE today with Total gain of 6.82% on closing basis. Stock is in Uptrend now with Gap-up opening today. Fresh Longs being built up today on LT.
Tomorrow will be an opportunity to enter the stock preferable around 1315 levels. I have mentioned an entry at 1317 with Stop-loss on closing basis below 1300 and...
Execute following strategy quickly :
Buy 1 lot 1380 call @ 31
Buy 1 lot 1380 put @ 35.5
What say guys larsen wont move up or down by 67 rs in next 10 days ?
you got it , one of option writer is not correct.
Let's see , Don't overleverage and by 10 lots , Just play in 1 lot .
So we will square off if price goes to 1310 or 1450 whichever comes first
It is been observed that the price action indicating weakness due to the formation of two consective bearish candlesticks at the prior resistance levels. It is also indicating price rejection at higher levels.
Target 1: 1700
Target 2: 1680
Fine, though its just basically by trendline break in LT, we should look for risk-reward. Bcos, a decent risk-reward is must even for mediocre tradeplan. Trendline break & entry of shorts in LT can sound mediocre, but the decent risk-reward is icing on cake. Check with your trade plan & enter only if it suits you !
Hi All ,
Everything on chart .
No Naked Futures or call :
Buy Futures and 1720 puts ,
Buy 1740 call and sell 1780 call (my choice)
Buy 1720 call (3 lots) and buy 1720 put(1 lot) (put /call ratio your choice , keep it tilted on call side)
Lets Engineer Money .
Note : Consult your financial risk adviser ,Risk of capital loss, paper trade or...
Channel down formation on LT at 30mins chart. Indicators are not giving signal for bull.
Trade may active on tomorrow or today (16/11/2016) itself.
May be LT move over sideways until indicators giving bull signal. so keep focus and add in watchlist for next day.
Buy above - 1380
Target 1 - 1395
Target 2 - 1408
Stop Loss - 1366
Target 1 points gain...
LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to...
We have cypher pattern (potential) in LT and the C to D leg is channeling right now. Even in the channeling we have 2 types - outerchannel (white) on current timeframe n innerchannel (red&whitelines which is 5min Intraday). So trade it as normal breakout trade but decide whether it's gonna be 15min or 5min check ur risks before entering the trade....