ARVIND looks good for last trading week in this month.
One can go long with SL 396 or 385. First target 410 based on option table and second 417, based on supply zone. If it crosses 417 the hold for big gains.
One can go long with SL 396 or 385. First target 410 based on option table and second 417, based on supply zone. If it crosses 417 the hold for big gains.
All below
recommendations for contracts expiring on 26 April 2017.
1) Buy Future and 400 PUT at their
current market prices. Maximum loss could be Rs. 12000/- and with unlimited
profit potential.
2) Buy ARVIND 400 CALL contract at Rs.
7.50 and Sell ARVIND 420 CALL contract at Rs. 1.50. Maximum loss could be
around Rs. 11000/- but profit potential Rs. 29000/-
3) Buy ARVIND 410 CALL contract at Rs.
3.50, maximum loss Rs. 7000/-
For more details:
Disclaimer: This blog does not take any responsibility of your profit/loss
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