Grasim showing weakness in momentum after a long run up to 1450 levels, currently trading at 1367.
Loss of momentum is evident in RSI divergence as pointed out on the chart.
One can look to short this stock with SL above 1450 on closing basis.
Note: Result is expected to be announced on Monday for this stock, so keep you risk under control.
Options trading plan:
One can Sell 1450 strike call @ around 14 And Buy 1500 strike call @ around 7.5
Lot size: 475
Margin required: (~) Rs 46000
Max reward: Rs 3087
Max Risk: Rs 20660 (Defined risk strategy)
Do you own analysis before action upon this idea. All the best.
Loss of momentum is evident in RSI divergence as pointed out on the chart.
One can look to short this stock with SL above 1450 on closing basis.
Note: Result is expected to be announced on Monday for this stock, so keep you risk under control.
Options trading plan:
One can Sell 1450 strike call @ around 14 And Buy 1500 strike call @ around 7.5
Lot size: 475
Margin required: (~) Rs 46000
Max reward: Rs 3087
Max Risk: Rs 20660 (Defined risk strategy)
Do you own analysis before action upon this idea. All the best.
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。