Ambuja - Shorts Setup
Logic -
1. RSI divergence
2. Multi Trendline Resistance
Trade Plan
Buy Ambuja 375PE May Expiry - 12.50 - 13.50
Sell Ambuja 360PE May Expiry - 7.50 - 8.00
Max Profit - Rs 14,025/- (per Lot)
Max Loss - Rs 8,475/- (per Lot)
Margin Required - Rs 21,000 (per lot)
Profit Probabilty - 38.5%
buy Put first, sell Put later for margin benefit.
Logic -
1. RSI divergence
2. Multi Trendline Resistance
Trade Plan
Buy Ambuja 375PE May Expiry - 12.50 - 13.50
Sell Ambuja 360PE May Expiry - 7.50 - 8.00
Max Profit - Rs 14,025/- (per Lot)
Max Loss - Rs 8,475/- (per Lot)
Margin Required - Rs 21,000 (per lot)
Profit Probabilty - 38.5%
buy Put first, sell Put later for margin benefit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.