RECENTLY TCS HAD DECLARED QUARTERLY RESULTS. HOWEVER 1829.7 SHALL ACT AS TREND DECIDING LEVEL. ONE SHALL OBSERVE THE PRICE ACTION NEAR THE SAID LEVEL FOR TAKING EITHER LONG OR SHORT TRADE.
NSE:JETAIRWAYS has been in downtrend every Jan 2018 and from the highs of 870 the price has crashed to around 260 levels. Recent news of delaying the result had an impact on the price and investors initially weren't that keen on buying the stock.
Looking at the recent trend and especially looking volume structure there is clear signs of the stock being...
DIVISLAB RESULT ON AUG 4
4HOUR AND WEEKLY CLEAR TRIPLE TOP.,,,
SELL CMP 1155. SL 1180(CLOSING BASIS)
TARGET 1040.990.928,,
OR
BUY 1200 CE 37 -800 QTY.----
BUY 1100 PE 27 - 1600 QTY.
WAIT TILL AUG 10
this is just based on imagination and some technical logics ...,,
before jumping in a trade add your BRAIN (IF YOU HAVE please use )
not a recommendation just a intution!!!!
Option strategy in TCS ahead of result on 11.01.18
1. Sell 2750 call at 47 and 2650 put at 38 each one lot
2. Buy 2800 call at 31.90 and 2600 put at 23.95 each 2lots
Funds requirement Approx 6675
Margin required = 140000
Time of holding: 3 to 5 trading days.
Book profit if price fall below 2550 or rise above 2830.
Book loss if consolidate in the band of 2650...
SYNCOM RESULT PV (PRE-VIEW)
SYNCOM again will post bad result don't expect any good bounce back in any type of fundamentals and other data in Q2Q and Y2Y. Again now slient result soon by company.
Yep ! TCS results are coming out in 4 hrs I guess. Yesterday itself TCS board has approved for share buyback, if I'm not wrong its around Rs.2800 I believe. So, a share buyback will always increase EPS of a company, here also it can happen.
But Results are coming out so there may be wildswings on any direction bcos we can never predict how Market views results....
ULTRACEMCO trading in small range from last 5-6 trading session today again take resistance at 4075 now stock will down till 4000-3950-3900-3850 and then take support after result and it will break range also Don't known side side or up side.. but if stock break range then stock may be 5% up or 5% down..
TCS May open in red bad result posted by TCS or not so good result so its bad according to market but margin beats estimates and guidelines for next quarter seen good.. TCS if Open in green then TCS will hit 2370 and if not able to hold 2370 then stock will come down and closing will be below 2300.
