Bullish on Maruti on Swing basis
Обновлено
From the Auto pack, two names are bullish today - Bajaj Auto and Maruti.
Bajaj Auto has already flown up. So, no point chasing it.
Maruti on the other hand also has given good yearly returns this year.
I'm looking at a swing Options trade in Maruti on the upside. Have taken long and will exit in a week maximum if the trade works in my favour.
26thSep12200CE - BUY
26thSep12700CE - SELL
My view is that Maruti will be mildly bullish. However, it won't be able to surpass 12,700 within the coming week.
Bajaj Auto has already flown up. So, no point chasing it.
Maruti on the other hand also has given good yearly returns this year.
I'm looking at a swing Options trade in Maruti on the upside. Have taken long and will exit in a week maximum if the trade works in my favour.
26thSep12200CE - BUY
26thSep12700CE - SELL
My view is that Maruti will be mildly bullish. However, it won't be able to surpass 12,700 within the coming week.
Сделка закрыта: достигнута тейк-профит цена
Closed the buy with mild profit. Expecting a correction.
Sell position is still active.
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