TCS
- the zone of 3385-3420 has played an important role for the stock
From charts we observe that
- it acted as resistance in June 2021
- provided support between Aug 2021 - May 2022
- With results round the corner, the stock is trading 4-5% below that level at 3277
Given the setup,
one may consider to sell TCS 28 July expiry 3400 Call option currently around 37
The strategy has a 6% yield potential and covers for a rise up to 3437 till expiry
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
- the zone of 3385-3420 has played an important role for the stock
From charts we observe that
- it acted as resistance in June 2021
- provided support between Aug 2021 - May 2022
- With results round the corner, the stock is trading 4-5% below that level at 3277
Given the setup,
one may consider to sell TCS 28 July expiry 3400 Call option currently around 37
The strategy has a 6% yield potential and covers for a rise up to 3437 till expiry
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
Recommended selling around 37CMP 5.9
We have closed the trade. Book profits and enjoy...!!! 🙂
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.