Amit_Ghosh

Shriram Transport Finance Expiry Bet

Long
Amit_Ghosh Updated   
NSE:SRTRANSFIN   None
Srtransfin completed the Double top setup and it has triggered weekend buy today. Tomorrow it will be an amazing buy setup for December series with a stop loss.

Also, let's short -
1100 PE at 4.5
1150 CE at 6.6

If you're buying with future. Follow ORB if it opens gap up with a tight stop loss. OPEC is supposed to shoot crude price in December. That's a problem for a company that finances truck which runs on expensive oil.
Trade closed: target reached:
Reached 90% of max profit.
Closing.
Comment:
Look how it ended at neckline.

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