India name pvt bank INDUSINDBK is looking very hot on charts and at breakout zones
morning taken when it was 970+ now 984, it is expected to move 1000/1017
Option trade indusindbk 1000ce june taken at 45 now 51 targets 51/55/59/65/77 risk 33
Thursday, May 20, 2021
Tuesday, May 18, 2021
#Reliance Cash& Option Trade & Strategy shortterm mediumterm
Reliance , we shared view and strategy last week and this week from 1914 zone then at 1925 then at 1955/60 trade given in 1920ce then 1960ce all moved and hit
https://denimnifty.blogspot.com/2021/05/reliance-and-sbin-option-strategy.html
Now ysday reliance close 1960 what to do how to trade, we have nearby may expiry so not to get trap in calls as positional, use momentum to book intra
Shortterm Option MAY 1980ce in opening may b between 25-32 zone as it will open gap up risk will be 22 target expected 44/47/53
Medium term Option Reliance JUNE 2000ce 59-65 zone risk 44 for 77/83/85
Medium term option is next expiry option though rewards will be not big but u get max holding time to avoid premium decay in expiry week
Reliance Cash spot 1960 buy zone till 1970/72/78 for Gap filling 1983/1988/1996/2007/2018 Cash levels and medium term target 2100
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