Note: This is for educational purpose only.
Post a range bound movement, there seems to be a bullish breakout with high volume. Moreover, RSI is at 70 which is on overbought zone. Hence, expecting some sideways movement post next upmove.
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...
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...