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Amit_Ghosh
Nov 28, 2018 6:55 PM

Shriram Transport Finance Expiry Bet Long

Description

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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