DLF: Chart set up & strategy for September series

20 Agu 2020

DLF
CMP 161

- 168-172 is potentially strong resistance zone

Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry
in the price range of 7.5-10

CMP 7.65

The strategy covers a risk of rise up to 177.5-180 levels till 24 September

Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

Take care & safe trading...!!!

18 Sep 2020

Catatan

DLF is still at 161 odd levels

DLF 170 Call option is at 2

Thats a profit of 3300 * (7.65-2) = Rs 18645/- per lot

Consider booking profits as per risk appetite

Happy trading...!!!