Axis Bank hit targets on 7th June check below for the analysis : https://twitter.com/Raghas24/status/1533842372232105987?s=20&t=sYy1_3eWBF_uq1m1f-NAuA
Disclaimer: All the information posted is for education purpose only. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
HUL Daily, Hourly & 15 Min Chart

Daily Hourly & 15 min all timeframes showing RSI below 35 indicating more momentum in the downfall.
HUL ATM PE Option RS Chart

ATM PE option indicationg strength on RS chart signalling more fall in HUL
HUL ATM PE Chart

Above 58 with Sl of 42 we can see a good move upto 80 & Trail
HUL 2200 CE option selling trade

The CE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 80, short at 58 targets of 36-30, and can trail based on further patterns.
Disclaimer: All the information posted is for education purpose only. Do your due deligence. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
All details about the analysis presented in the above charts friends! Enjoy!
Dont forget to do your analysis.
You know disclaimer and all that stuff!
Please this post is for education purpose only.
Please share if you find it helpful.
Name : Raghavendra S
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the analysis worked well made a low of 43 from 58 trading at 46 holding for next day with a hedge
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Reached first Target of 36
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