Tata Power: Chart setup and trading strategy
Tata Power
Observations
- the stock is close to Line of resistance
- 38.2% retracement comes at 231
Given the set up, one may consider to sell 230 Call option (sold at 3.7)
The strategy has approximately 7% yield potential on Margin required and covers risk for a rise in stock price up to 233.70
Please follow risk management measures
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Observations
- the stock is close to Line of resistance
- 38.2% retracement comes at 231
Given the set up, one may consider to sell 230 Call option (sold at 3.7)
The strategy has approximately 7% yield potential on Margin required and covers risk for a rise in stock price up to 233.70
Please follow risk management measures
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.