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UPL STRATEGY UPDATEAs you can see I gave a short term holding call on UPL. Price then : 956-964 Price now : 1040+ Return : 9% (80 points approx / share) Duration : 1.5 - 2 months Approx I hope some of you might have earned through my call. Please like and follow, it motivates us. What are your views? Let me know :) Thank You, Happy Trading Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
NSE:UPL
by hey24sheep
Yes Bank chart viewYES BANK CMP 194.20 - The stock is trading between 20 day EMA and 50 day EMA just before result announcement - in our previous post on Yes Bank when the stock was at similar levels we had suggested that below 190 the stock may fall up to 182 (low made was 181.50) and above 198 there is a strong possibility of stock rising up to 208 (high made thereafter 209.55) Given the movement of yo-yo trade between 180-210 and current setup of trading between 20 day EMA and 50 day EMA there is a good possibility of Yes Bank continuing its consolidation and closing in the same range of 180-210 in Jan series - One may consider the following strategy for YES BANK Short strangle strategy Sell Yes Bank Jan expiry 210 Call option around 4.5 & Sell Yes Bank Jan expiry 180 Put option around 4.5 Lot size 1750 Total incoming 1750 *(4.5+4.5) = Rs 15750/- Maximum profit if Yes Bank is closing anywhere between 180-210 Loss if stock is closing below 171 or above 219 on 31st January 2019 For more trading ideas from us, Do HIT the LIKE button and FOLLOW US You can also ping us in private message for any stock specific queries. Take care & safe trading...!!!
NSE:YESBANK
by indiamarketoutlook