Wipro: Chart set up and trading view

Mis à jour
Wipro

CMP 449

The chart is self explanatory

Given the set up one may consider

Selling Wirpo 480 Call option around 6-9 (CMP 6.55)

Lot size 3200

Max profit potential in strategy Rs 20960/- per lot (as per CMP)

The strategy provides Inbuilt loss protection for a rise up to 486.55 till expiry ( as per CMP)


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
Wipro 480 Call Option update ( recommended selling when price was 6.55)
0.35

Profit in strategy
3200 * (6.55-0.35) = Rs 19840 / - per lot
Chart PatternsINFYNIFTYoptionsSupport and ResistancetradingviewTrend Analysiswirpo

Aussi sur:

Publications connexes

Clause de non-responsabilité