BHEL
Long

BHEL Chart set up, view & trading strategy

Mis à jour
Bhel
CMP 33.50

- The stock is near important support levels (around 32.50)
- if held on to the stock can see a move towards 37 / 40 odd levels

- blue line could be a potentially strong support levels

Given the set up one may consider selling BHEL 31 Dec expiry 32 Put option
around 0.50
Lot size 21000

Max profit potential Rs 10500/- per lot.

(Yield potential of 3.2% on Capital Margin in 8 days)

Importantly Risk cover for a fall up to 31.50 till 31 December 2020


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

Trade fermée: cible de profit atteinte
Strategy giving desired profits as 32 Put option is expiring worthless

Happy trading...!!!
BHELChart PatternssupportSupport and ResistanceTrend Analysis

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