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.
Havells ralled 2.5% , check the option analysis below:
Daily Hourly & 15 min all timeframes showing RSI above 65 indicating more momentum in the raise.
UBL 1600 CE Option Buying trade
CMP 60, abv 65.5 probability of 80 & trail, SL 50 if SL hit loss of 6K.
UBL 1600 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 5k short below 33.6 targets of 28-24 & can trail based on further patterns.
Note: I follow the process, i give importance to process than result.
For ITC analysis: https://twitter.com/Raghas24/status/1541457961805291520?s=20&t=dYDNaz9yHxsIzYnrNmvzXg
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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