Strategy
Reliance: Chart set up & strategyReliance
CMP 1776
Given the set up consider selling Reliance 1840 Call Option between 40-45 ( CMP 43.60)
Lot size 505
Max profit potential Rs 22018/- per lot
Yield potential of 9% till 30 July 2020
In built loss protection for a rise in price up to 1883 till 30 July 2020
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
[Inside Bar] Jsw Steel Channel PlayBuy above 193.05 with Sl at 188.55
Sell Below 188.55 with SL at 193.05
~ Inside bar trades are generally aimed to capture the compression effect i.e sharp breakouts. Profits are
taken quicky or trailed in most of the cases and closed before market close barring rare cases where price action analysis suggests otherwise.
~Manage risk, reward will take care of itself
DLF: Chart set up & strategyDLF
CMP 152.85
- Resistance around 155-157
- Support around 144 / 142
Given the set up one may consider selling DLF 160 Call option around 7
Lot size 3300
Max profit potential Rs 23100/- per lot
Yield potential 13% approximately
In built loss protection for a rise in price up to 167 on 30 July
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Bank Nifty: Chart set u p & strategy for 30 July 2020Bank Nifty
Closing Price 20359
- Bank Nifty is trading at the lower end of the range
- in line with my Nifty view which we suggested a range bound activity
- Bank Nifty would also likely reflect a possible range bound activity
- Weakness would intensify only once it closes below the Black line
- Sustaining above 22500 for 3 consecutive days would open up doors for further up movement
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Given the chart set up one may consider selling Bank Nifty 30 July 23000 Call option ( CMP 423.5) on rise especially towards the range of 500-550
Max profit potential Rs 12500/- to 13750/- per lot
Yield potential 11.26% - 12.4% approximately
Loss protection for a rise up to 23500 - 23550 till 30 July 2020.
However as suggested above, we would recommend to exit if Bank Nifty sustains above 22500 levels
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
RBL Bank: Chart view & strategyRBL Bank
Closing Price 190.65
- On daily charts the stock looks over-bought
- 158-168 may act as support levels
- resistance at 208-212 levels and above that 230
Given the chart setup one may consider buying on dips
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Alternatively, one may consider a Short strangle strategy for the stock
Consider selling RBL Bank
150 Put option ( Closing Price 6.65)
&
230 Call Option (Closing Price 9.25)
A combine Premium collection above 15 may considered
Lot size 2600
Max profit potential 2600*15 = Rs 39000 till 30 July expiry
Yield potential of 12.6% approximately on capital deployed
Loss in strategy if RBL Bank closes above 245 or below 135 on 30 July 2020
Take care & safe trading...!!!
________________________________________________________________
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty trading range for weekly expiry 18th JunMarkets opened with caution today, but gained ground through the day. in the second half though the banking stocks saw pressure and led to selling. Indices closed near the lower end of the trading range. Indicating caution.
Option data suggests a trading range of 9800 to 1000 for tomorrow. Bank Nifty seems to have a trading range of 19500 to 20500.
As usual lets see the opening of the market and global cues coming in for tomorrow morning.
For more details read the blog -
equitycompound2.blogspot.com
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Banknifty MAY expiry betExpecting banknifty to stay within the channel.
Trade 1: Short Straddle - Medium Risk
SELL 19000CE: 64.6 * 20 = 1292
SELL 16000PE: 47.3 * 20 = 946
Total profit = 2238 Rupees
Trade 2: Iron Condor - Ultra low Risk
SELL 16000PE: 47.3
BUY 15900PE: 41.45
SELL 19000CE: 64.6
BUY 19100CE: 55.85
Total Profit = 64.6 + 47.3 - 41.45 - 55.85 = 292 Rupees
Trade Log NIFTY April 9Good Day Today for me. Mostly traded as per plan.
NIFTY is still in the large range of 8050 to 9150. But now, the breakout may have happened above 9050. Idea was to ride 8500 and 9200 OTM options. Then when NIFTY consolidated above 9000, I sold credit spread, which again turned out well as NIFTY expired above 9000.
Nifty strategy in this volatile marketNifty
CMP 7765
Nifty has been very volatile and it has been swinging 500 points just like that....
What use to take months now is happening in a couple of hours...
So what can one do in such situation
Option 1 is stay away from market
Option 2
Trade with more focus on risk management.
For the current market conditions
One may consider the following strategy
Sell Nifty Put Option
Lot Size:75
Expiry: 30 April 2020
Strike Price: 6100
CMP 250
Any price above 6100 in Nifty on 30 April 2020 can yield a
Maximum profit potential of Rs 18750/- (Profit potential of approximately 30% on margin ) per lot
Loss in strategy only if Nifty closes below 5870 on 30 April 2020
That is a good 1800 points protection ( in simple words in built Protection against loss of Rs 135000/ -)
Take care & safe trading...!!!
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