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Do your own research before you make a trade.
Nearest support is 660/- , near term target 676/- (preferably JAN fut / Cash)
If it closes today above 169/- STRONG upmove is expected with target 176/-
INDIGO SHORT TERM VIEW , predicting downtrend.
Will it go up ?
Vedanta resources possible trade
After falling from 404 to 165 , approximately 59% - I am expecting more of upside than downside.
Once it breach 222/- I am expecting strong uptrend.
Entered DEC FUT @ 213.35/-
NIFTY December options bought @ 10500/- Investment is 710/- per share. Lets see how it goes.
Options strategy for BTST.
Wait for crossing 285 and 294 with strong volumes. otherwise it just oscillate , more chances to downtrend.
Trade with caution.
Requesting for Analysis of RelCapital
As we observed Retracement at RSI being 85+, what is the current position now ?