Select strike price near ATM which is double from todays lowest (i.e 40 to 80 )
(ATM +- 100 CE/PE to make ITM )
Buy - 40000 PE
Time - 1.45 pm to 2.30 pm
At Price - 80
SL - 25%
Sell Price T1 - 160 50% quantity
Sell All T2 - 200
Note : This is for study purpose only not for trade. Please understand the Strategy for HERO to ZERO
@ Thursday Expiry Special @
Buy 44900 PE - 90 strike price
Sell at 160 strike price (T1- 160, T2- 200, T3- 250, T4- 310 ) => 3x Strike Price
Note : Check this chart on 1 min candle with RSI for Support(20) and Resistance(70) for entry and exit.
This is only for study purpose not for trading !!!!
HDFC share form a W pattern in day chart as its taken support around 2400 & had break out around 2500. Currently trading at 2800 so also taking support at small trade line as show in the chart, it can go for 3000 for next target.
Please trade on your own risk, this analysis just for study purpose.
