BUY 1 LOT 29SEP2022 4200PE - ₹ 166.85 SELL 1 LOT 29SEP2022 4000PE -- ₹ 85.35 Risk = (10188)Limited Reward = 14812(max) Margin required = 18406 (checked with icicidirect) days remaining= 33 Risk:reward = 1:45
HEROMOTOCO | Can see some short covering ahead of result - 25% to 40% CMP : 2910 SL : 2750 Target : 3600, 3800 1:6 risk reward setup for 1st target
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