on hourly chart the stock looks EXTREMELY
bearish ,
after a great uptick ,
on daily charts moving side ways
and today closed belowan important mark of 970
can sell below 965 and can sell more below 950 for 935
917 targets
Maruti spot @ 9276/- trade in resistance level as It’s break 9284- expected to test 9870, previous high,
Currency Drive By INFI FOREX
“Trend is your Friend”
Hello All ,
Maruti is oversold at higher level on weekly chart.
Following is strategy for this month :
Not a big fan of Out of money options , but was looking for very low risk game , you need minimum 2 lakh capital , if you don't have it than this is not for you.
Buy March 9200 call 1 lot @ 80
Sell March 9500 call 2 lot @ 37
Ratio is 1:2 -...
Hi All ,
You need capital of minimum 3 lakh or this is not for you .
Following strategy :
Buy 9200 feb expiry call @ 126 - 1 lot
Sell 9600 feb expiry call @ 42 - 3 lot
Ratio is 1:3 , Don't violate this ratio .
Pay off :
Expiry @ 9700 , 360 point gain on 9200 , 180 point loss on 9600 , net gain 180 point
Expiry @9800 , 460 point gain on 9200 ,...
Hi ,
Buy 9400 FEB call @ 315
Sell 9400 JAN call @ 82-83
If it goes up we will be profitable, If it closes 50 points below we will gain 80 points on JAN call and lose 30 points on Feb Call ,
Net profit 50 points expected.
NO overleverage, You need 2 lakh capital for 2 lots
Consult your financial adviser before taking trade.options are risky.
Hi All ,
Liked the previous maruti strategy ? Here is new one below , Nothing on chart.
No naked put /call buy :
Following is strategy :
Buy 9400 Maruti FEB call at 300(2 lots)
sell 9300 Maruti JAN call at 175.
Trade must be exited on expiry day , This should not carried forward.
Scenario 1:
Maruti closes at 9200 @ expiry,Feb call premium will...
Hi All ,
Maruti is heavily overbought on daily , But can't predict when will it turn around ,Maybe 10k psychological price point
No Naked shorting or Long:
Use following Futures and options strategy:
1) Buy Jan futures 1 lot , sell Feb futures 1 lot ( On pull back to moving average observe pattern and exit short , continue long)
2) wait patiently...
as maruti has already rallied enough ..and now struggling a bit to sustain at high levels ..i expect a good fall and retest lower levels ...lets wait and watch!
After a huge leg up yesterday, its back into the neckline..Todays Result (or anticipation of result) may decide the direction.
Awaiting a breakout to retest the lifetime highs or a reversal
NSE:MARUTI is ready to give some correction
Maruti shows declining MACD, which is ready to give a crossover
CMP - 8068
Sell maruti with target off 7900 / 7750 / 7500
SL - 8200
After the fox paus of North Korea, and despite the best efforts of US admin to fuck things up, normalcy is restored.
Normalcy by definition is abnormal though these days. So be on your tows.
Over next few days, week or two, it's the most bullish of bull market all around!
Medium to long term is unknown.
But it's great time to make some money in short term.
For...
