#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 

#HCC Hindustan Construction Co. Stock Idea Investment

 HCC is a penny stock trading at 9.5+ , Its mainly into construction infra business have completed many projects like delhi metro kolkata metro, mumbai pune express highway etc.

Currently it got some order for chennai metro project

Well thats all fundamental , on charts it look at support zone 7-9 and breakout 11+, a low risk or good investment low value at penny stock price below 10 for expected targets of 16/18/23/28/32 cmp 9.5+, 

we can expect atleast target 2and 3 in 1 year medium to longterm good