Trade_with_yash

Hindustan Unilever from 4 July 2020

Long
NSE:HINDUNILVR   HINDUSTAN UNILEVER
The stock was moving in sideways channel --> it broke with very much difficulty
It is now showing signs of spring entry ...
Multiple red candle touched the breakout level and now a jump in price is seen ... possibly showed retest of resitance zone ...

Main trade setup can be expected ...
1. Buying ITM CE --> why ITM because if price decrease we don't want to lose to time decay .
2. Selling OTM PE --> this OTM PE can be sell .. price on safe side can be should be below Support Zone (green)

Comments

Amazing grip on charts
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