LUPIN trading levels for 01.02.2021watch it guys...
for intra and short term.
(short term entry also possible , i will tell you when I feel bullish)
remember
1. 978-989 area dominated by smart money(buy)
and also
2. 1040-1029 area dominated by smart money (sellers).
note this guys.u can set your RR 1:4,1:5 In this stock.
go for mean revision levels are clearly mentioned.
Lupinoption
Lupin is new vitamin 'M' (Money)Hi All ,
No naked put/call buy .
Use following strategy :
Buy FEB 900 call @ 37
Buy FEB 900 put @ 33
Hold atleast 2 weeks , 100+ point move expected. Don't square off in between, Just take and forget for another 2 weeks or 100+ points move whichever comes first.
Don't over leverage and buy 10 lots (Don't make this as your last trade ), Just buy 1-2 lots depending on your risk.
Consult your financial adviser , options are risky