Options
Short Asian PaintThere’s a huge price rejection by bears at the top levels - look at the candles showing bearish engulfing the green candles in the charts.
Tgt - 100-200 points
SL - 200 points
You may also enter PE position of 2400-2300 or Short CE above 2500
Would like to know your views too. Pls comment.
TRADE SETUP FOR MONDAYMonday is Budget day. The Market will be very volatile .
trade with cautious . follow your Sl strictly and book profit .
If you are safe trader than avoied trading on budget day.
Now as per technical we might see a bounce back from here .
let the market absorve the news and let the
market make a range .Set your trade on that
Range only.
dont sell option tommrow .keep you exposure on check.
we will get multiple oppurtunity tommrow .
NIFTY TRADE SETUP FOR EXPIRY
We had good Day today .Just belive in your setup
and wait for entry . today our both target hit in Nifty.
Tommrow trade with caution buy nifty above 14010 and 14050 .
keep ur Sl intact on buying side till nifty trade below 14200.
sell below 13920 .
13750-13800 could be revershal zone if nifty
continue to fall.
Nifty: Would the green zone provide support...???Nifty Closing Price 14238
- Nifty has seen a drop of 500 odd points from the top of 14753
- in the last 2 trading sessions, Nifty has traded the channel well...
What next?
Till the time green zone is held on to, Nifty has a possibility to bounce back...
Important levels on the downside: 14213 / 14193 / 14148 / 14105
Important levels on the upside : 14288/ 14320 / 14358 / 14445 / 14530
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Reliance: Chart set up and trading strategyReliance
1937
- We see the stock in consolidation mode since November 2020
- 2015-2045 is crucial zone for Reliance on the upper side
- support near Blue line support zone (Currently near 1860) and 1800 odd levels
Given the set up one may consider the following strategy
Consider selling Reliance February 25, 2021 expiry 1750 Put Option (around 35)
&
Sell Reliance 2200 February 25, 2021 expiry 2200 Call Option ( around 35)
Net Premium receivable 70 points
Max profit potential Rs 17500/- per strategy lot till 25 February expiry giving a yield potential of 18% ROI (on Margin required)
Loss in strategy if closes above 2270 or below 1680 on 25 Feb 2021
Review points, In case if, Reliance closes above 2045, or below 1830 for 3 consecutive days.
Hit the Like button if you find it useful
Follow for more such ideas
Look for my previous ideas in Reliance in the Related ideas link below
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Wipro: Chart set up and trading viewWipro
CMP 449
The chart is self explanatory
Given the set up one may consider
Selling Wirpo 480 Call option around 6-9 (CMP 6.55)
Lot size 3200
Max profit potential in strategy Rs 20960/- per lot (as per CMP)
The strategy provides Inbuilt loss protection for a rise up to 486.55 till expiry ( as per CMP)
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
NIFTY TRADE SETUP FOR MONDAY
Our trade setup works perfectly again .
Plz acknowldge if you trade and makes profit.
Now On Monday ,will wait and watch till market trade between 14350-14484 .
short below 14350 and long above 14500.
in case of Gap up let the price sustain and trade your setup on 15 min price range.
thanks for messages
Nifty Options Expiry Trade_210121Price action suggested a weakness in the index, hence continued to add more option selling at 14800 CE and bringing the hedge down from 14900 CE to 14850CE, thus reducing the risk in the trade and improving the risk-reward.
Gap up opening was a bit of a scare initially for the Call sold position, however there was no decisive upmove which was a saviour.