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..
Please check the liquidity of options you entering.
Note: I follow the process, i give importance to process than result.
Fear of failure is more danger than the failure itself.
MGL achieved both the targets hit even though markets, check below for the analysis:
Daily Hourly & 15 min all timeframes showing RSI above 65 indicating more momentum in the raise.
Maruti 8400 CE Option buying Trade July Expiry
CMP 310, abv 329 probability of 400-450 & trail, SL hit loss of 6K.
Maruti 8400 PE Option selling Trade June Expiry
The PE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 6k short below 149 targets of 120 and 95 can trail based on further patterns.
Note: I follow the process, i give importance to process than result.
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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Both targets of option selling and 1st target of option buying achieved in intraday itself.
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