Presenting a 15 minute chart here. We can see that it is making lower lows with little buy support. Bears look stronger. I have posted another 2H chart with a longer prediction. Please refer to it for further information. Link:
in.tradingview.com Buy 100 Put @ Rs.10 May 31 2018 Once 150 breaks, next support at 50
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...
Auro Pharma has announced 07.02.18 for results and the budget is on 01.02.18 so one can avoid the risk of volatility. The price has already moved down by 10% in last month. In this situation one can try the following strategy : 2/1 ratio call spread and put spread: a. Buy 660 call 2 lots 14 to 17 range (Current-Price 15.20) b. Sell 640 call 1 lot 21 to...
Wockhardt Pharma Ltd. Buy Around 625-630 Stoploss 540 Target 720-830.
According to setup and OI analysis, I think a 23800 CE SELL @ 7.35 and 22800/22900 PE SELL @ 12.6/18.5 would be good enough for 6th July Weekly Expiry.
CMP - 100 This is a direction-neutral strategy. I used it previously too. ( see in related idea ) Here I am buying, 95 PE - 3.5 105 CE - 3.5 Why ? Because it has moved a lot and I am expecting it to move further. Caution : Experts do due diligence. New traders can look into this and paper-trade.