So far if someone had considered all recommendations, there must be reasonably good profit. One can take a lottery trade and shut the account for this month.
ICICIBANK
ICICI is consolidating at present range. It is at upper end of the channel. It would have strong resistance around 371, but if crosses that resistance, maybe 400 is in sight.
Interest rates are now adjusted and perhaps all banks could lose bit of a steam, but ICICI's quarterly results will be on January 30 (next day of this month's expiry) and traders might add positions in expectations of good results.
Buy ICICI 370 CALL around 2-2.50. Total investment will be less than 3000/-
This is pure lottery trade. You should forget this trade after entering in to it. If your this month's profit does not permit to invest in this trade, then don't do it.
ONGC:
Based on F & O data, OI has decreased with decrease in price, indicates long liquidation. This is bearish sign. I am holding ONGC 360 CALL, I will find possibility to exit on Monday/Tuesday, if price struggle to cross 355.
Disclaimer: This blog does not take any responsibility of your profit/loss.
ICICIBANK
ICICI is consolidating at present range. It is at upper end of the channel. It would have strong resistance around 371, but if crosses that resistance, maybe 400 is in sight.
Interest rates are now adjusted and perhaps all banks could lose bit of a steam, but ICICI's quarterly results will be on January 30 (next day of this month's expiry) and traders might add positions in expectations of good results.
Buy ICICI 370 CALL around 2-2.50. Total investment will be less than 3000/-
This is pure lottery trade. You should forget this trade after entering in to it. If your this month's profit does not permit to invest in this trade, then don't do it.
ONGC:
Based on F & O data, OI has decreased with decrease in price, indicates long liquidation. This is bearish sign. I am holding ONGC 360 CALL, I will find possibility to exit on Monday/Tuesday, if price struggle to cross 355.
Disclaimer: This blog does not take any responsibility of your profit/loss.
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