Bearish Head & Shoulder indicating downward trend.
There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend.
One can short Maruti for a target of ₹ 5800 with a stop loss of 6800
1.Maruti has broken the important resistance of 6500
2.Retested the 6500 level after break
3.Bullish flag pattern is formed on 4 Hour chart
4.HH and HL pattern on daily chart
5.Price closed above 200 EMA on daily Chart
6. Risk Reward is 1:2
Buy at 6790-6750 Stoploss 6470 Target 7400
Maruti Sell Below 6170 Stoploss 6205 Target 6088-6000 Resons For Trade- 1.Price near to 15 minute channel resistance 2. Price near daily resistance of 6200 3.Weak Candlstick pattern on 4 Hour Chart 4.Daily Trend is Down 5. Risk Reward is 1:2
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 ,...
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.
Maruti closes at 9200 @ expiry,Feb call premium will...