DLF
CMP 165.5
We observe
- the stock has minor resistance around 167 odd levels
- major resistance around 173 odd levels
- Weakness may be seen if stock closes below 162 for 3 consecutive days
- Target in that case could be placed around 154-152 levels initially
Given the chart set up, one may consider selling DLF November expiry Call option
Strike Price 170
in the range of 6.5 - 7.5 (CMP 6.6)
Lot size 3300
The strategy covers risk of rise up to 176.5-177.5 on expiry day
However I might be cautious if DLF closes above 168
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 165.5
We observe
- the stock has minor resistance around 167 odd levels
- major resistance around 173 odd levels
- Weakness may be seen if stock closes below 162 for 3 consecutive days
- Target in that case could be placed around 154-152 levels initially
Given the chart set up, one may consider selling DLF November expiry Call option
Strike Price 170
in the range of 6.5 - 7.5 (CMP 6.6)
Lot size 3300
The strategy covers risk of rise up to 176.5-177.5 on expiry day
However I might be cautious if DLF closes above 168
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.