BalkrishnaInd October Series
Monthly Chart
The uptrend has been broken on a monthly timeframe and it is likely to stay between 970 – 1200.
Weekly Chart
The stock is in a range and the 1015-1020 zone is acting as a support with the next immediate support as 975.
Daily Chart
The daily chart shows a minor resistance zone at 1135. The range 980 – 1000 definitely indicates a buying interest. However, owing to fundamentals impacting tyre stocks, PE could be a risky trade.
OI Analysis - The lower limit is 980 and the upper range is at 1200.
imgur.com/a/q8wrvYm
Payoff Graph - unofficed.com/options-calculator/?save_id=5bb50b17a9476546527154
Turtle Trade Idea
Sell 1150 CE at 16
Sell 1000 PE at 28.95
The uptrend has been broken on a monthly timeframe and it is likely to stay between 970 – 1200.
Weekly Chart
The stock is in a range and the 1015-1020 zone is acting as a support with the next immediate support as 975.
Daily Chart
The daily chart shows a minor resistance zone at 1135. The range 980 – 1000 definitely indicates a buying interest. However, owing to fundamentals impacting tyre stocks, PE could be a risky trade.
OI Analysis - The lower limit is 980 and the upper range is at 1200.
imgur.com/a/q8wrvYm
Payoff Graph - unofficed.com/options-calculator/?save_id=5bb50b17a9476546527154
Turtle Trade Idea
Sell 1150 CE at 16
Sell 1000 PE at 28.95
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.