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..
Metropolis achieved both the targets hit even though markets, check below for the analysis
Daily Hourly & 15 min all timeframes showing RSI below 35 indicating more momentum in the downfall.
IOC ATM PE Option RS Chart
ATM PE option indicationg strength on RS chart signalling more fall in the counter
IOC ATM PE Option buying Trade
Above 2.81 targets of 4 & trail, SL 1.8 if SL hits loss of 6.5k.
IOC 110 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 4.05 points short below 3.37 targets of 2.9 and 2.5 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
Youtube link: https://www.youtube.com/c/ThinkEquity1
Website: thinkequity.in
email: thinkequity1@thinkequity1
telegram: t.me/thinkequity1
Instagram : money_n_matters
Think Equity 