DLF LTDשורט
DLF: Chart setup and trading strategy
DLF (CMP 287.50)
- the stock is currently trading at 50 day EMA
- 20 day EMA is around 294
- trendline resistance around 300
The stock may face stiff resistance in the zone of 294-302
Considering the chart set up one may look at the following strategy
Sell DLF 29 April expiry
310 Call option around 7.5
Max profit in strategy Rs 24750/- per lot.
More importantly, Loss protection for a rise in stock price up to 317.5 till 29 April 2021 ( That's a loss protection of Rs 99000)
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- the stock is currently trading at 50 day EMA
- 20 day EMA is around 294
- trendline resistance around 300
The stock may face stiff resistance in the zone of 294-302
Considering the chart set up one may look at the following strategy
Sell DLF 29 April expiry
310 Call option around 7.5
Max profit in strategy Rs 24750/- per lot.
More importantly, Loss protection for a rise in stock price up to 317.5 till 29 April 2021 ( That's a loss protection of Rs 99000)
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.