VamsiTrade
Long

ITC took Strong Support

ITC (NSE:ITC)  
NSE:ITC   ITC
ITC has taken good support and rallied... buy buy buy...
if you are not willing to buy in futures take options =>buy 215 CE sell 225 CE ...
expectation is it will reach 225 so by that time expiry comes in and you can eat premium of 3200
maximum loss is 5500 if it starts falling down to 195 then sell one more 225 CE you will loose around 2k-3k which is nothing
I bought 215 ce at 2.65 and sold 225 ce at 2.65 already at 700 profit...
I think ITC is a good dividend yield company and holding it will give you 5 to 7% profit i dividend yield itself and if it rallies that is extra... so buy in stocks if you have money

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out