Short Reliance CapitalMoving in a channel, Nearing upper band of channel. Short by selling out of the money calls. Calls are expensive. Short 780 calls, now trading at 12. SL 18. Tgt 0 if held till expiry.by 767645541
Maruti - Short on confirmationMaruti has been moving in an upward channel. Hit the higher end and is not being able to sustain at 5620 levels. RSI is overbought. If we see reversal from these levels, writing 5600 calls (October expiry) is a good trade. Time correction will also help the position.Shortby 767645541
