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.
Maruti achieved both the targets in option selling & 1st target in option buying, check below for the analysis:
https://twitter.com/Raghas24/status/1541080438344941568?s=20&t=qp258Ofv3HQbfzmj496xHQ
Daily Hourly & 15 min all timeframes showing RSI above 60 indicating more momentum in the raise.
ITC 270 CE option buying trade
CMP 7.75, buy above 8.32 above 9.4 we can see 10-11-12 & Trail, SL 7 if SL hit loss ok 5K.
ITC 270 PE option selling trade
The PE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 6k short below 6.82 targets of 6-5-4 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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