Bajaj Finance: Chart setup & strategy

Zaktualizowano
Bajaj Finance
CMP 3093

Given the setup

Consider selling Bajaj Finance 30 July 3600 Call option CMP around 115

Lot size 250

Max profit potential of Rs 28750/- per lot

Yield potential of 13.6% approximately on capital

Loss protection for a rise in price upto 3715 till 30 July

Take care & safe trading...!!!

Discliamer:
- 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

Take care & safe trading...!!!

Uwaga
Why we recommended short position in morning... On a 15 min chart we observed a Dark Cloud Cover candlestick pattern.

snapshot

In Hindi we have heard the dialogue "Kaale Badal Chha rahe hai" which indicates some thing not so good may be expected. In Market that can be translated as the price may fall...

Charts have a way to communicate and tell us where it may be headed... Are you listening???

It's still not late... try listening to charts and see the difference for yourself...!!!
Uwaga
Strategy update
3600 Call option Recommended sell at 115

Closing Price 65

Profit so far in strategy
250 * ( 115-65) = Rs 12500/- per lot

Happy trading...!!! :-)
Uwaga
Strategy update
3600 Call Option
Closing price 35.55 ( recommended sell at 115

Profit so far in strategy
250* 9 115-35.55) = Rs 19862.50/-
Uwaga
Typo error above. Read
250 * (115 - 35.55) = Rs 19862.50/- per lot

Happy trading...!!!
bajajfinanceshorttradingviewTrend Analysis

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