[Short term] Dewan Housing.Where it well end?Dewan housing is heading to crucial inflection point for short term.
Sell Strategy
If 435 Broken, sell it for target of 427 which is the next immediate support level.
If 427 Broken, book half and keep half for 420
Stop loss is 441
Buy Strategy
If 441 Crossed, Buy for T1 of 445 and final target of 450
Stoploss is 435
Strategy
IDEA - Strangle Option StrategyCMP - 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.
