HUL – Bull Call Spread- Option Selling & Buying Trades 18 July22

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.

Wipro fell more than 2.5% all targets achieved , check the option analysis below:

Daily Hourly & 15 min all timeframes showing RSI below 65 indicating more momentum in the Rise.

HUL 2560 CE Option Buying Trade

CMP 54.7 above 59.1 there is a probability of 72 & keep trailing the SL & Targets with initial SL of 45, If SL hit loss of 4K

HUL 2560 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 4k short below 42.5 targets of 34-27 & can trail based on further patterns.

Alternatively for positional trading a Bull Call Spread can be employed:

Can exit at 50-60% of the max profit. The breakeven is at 2608 at the time of expiry.

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
Youtube link: https://www.youtube.com/c/ThinkEquity1
Website: thinkequity.in
email: thinkequity1@thinkequity1
telegram: t.me/thinkequity1

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