web.sensibull.com REVERSAL EXPECTED AT 0.786 level (Ramadan Mubarak!) BUY TATA MOTORS FUTURES @~184-186 If, still kuch kuch hota hai, buy 175 PE to hedge the position
Brexit surprises may create disturbances!
Sell 330 CE at 5 rs. Lot size = 3000 Margin req = app. 90k/-
Sell 7500 CE @ 58 Sell 6800 PE @ 40 Margin required = Approx. 90k
Wait for the full pattern or break the rules!! :P
The ting goes skrrrahh (ah) Pap, pap, ka-ka-ka (ka) Skidiki-pap-pap (pap) And a pu-pu-pudrrrr-boom (boom) Skya (ah) Du-du-ku-ku-dun-dun (dun) Poom, poom
CMP : 184.60 TGT : 206 SL : 178 RR : ~ 1:3.5
TGT : 140 (Based on 0.618 trend based fib ) SL: 110 RR: 1 : 2.5
Tip: Don't just jump in Wait till the stock reverses to 188-189 level. TGT: 213 CBSL: 182 RR : 1:4
Rationale: 1. Trend line resistance break ( & recent stock split! ) 2. Target 1: 598 ( whole no. resistance) 3. Target 2: 617 (Trend based fibonacci 61.8 retracement) 4. SL : 525 makes RR ratio ~1:2
10k will act like super resistance now. Earlier trendline support can act super resistance line now.