Looking at the current chart pattern and the index movement, a relatively safe strangle for 22 may is given
Sell 49000 Call at 13 and 47100 Put at 10.4 for a collective premium of 23.4.
This is a naked strangle and any sudden surge or gap openings can spike the option prices exponentially.
To make it safer one can buy the respective options closer to the...
Sanjivini CMP - 70.50
Short / Mid Term Target Levels
Buy At or 70 - 71 levels / Strict Stop Loss 59
Target 1 - 80
Target 2 - 90
Target 3 - 100
Disclaimer: This is my view and for educational purpose only. Trade according to your risk and am not responsible for your loss.
Disclaimer: Views for Educational Purpose and not to be taken as any investment or trading advice.
Stock has corrected more than half and looks good to accumulate at current levels
Low PE in comparison to Industry
Netronix is in parallel channel since 2008 and recently it has given all time high breakout at 50
expect mild retracement and follow through is going to be bullish
swing trade -Hemisphere Properties India Ltd
The company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited).
The company currently owns or have access to 739.69 acres of land, transferred to our Company in terms of the Scheme of...
With Bullish ascending buying Candles both for daily weekly,monthly and with increasing delivery, Ascending SMAs, QoQ profit rise and a steady balance sheet - SanInfra may rise a further 30% more .
Views expressed are for educational purpose only.
