RahulPrajapati

DLF turning Bullish expecting a target of 220--230.

Long
RahulPrajapati Updated   
NSE:DLF   DLF LTD
DLF turning bullish on daily chart, major support at 180.00

Above 188, it can touch 200--205 and then to 220--230.

Looks weak below 180.00.

Bull Call Spread - On December Series

+1x 31DEC2020 190CE - ₹ 9.35
-1x 31DEC2020 220CE - ₹ 2.55

Max. Profit - ₹ +76,560

Max. Loss - ₹ -22,440

Max. RR Ratio - 1:3.41
Breakevens - 197.0

Estimated Margin/Premium ₹ +45,000-50,000.


Trade closed: target reached:
Reaching target with full potential

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.