Rcom
CMP 16.2
The stock is in down trend
trading below previous important low
suggesting further weakness
Trading plan
One may consider selling
RCOM November month Call option
Lot size 14000
Strike Price 17.5
Price 1.05
Margin requirement approximately Rs 45000 per lot
Profit potential till expiry Rs 14700 /- per lot
Trading in Futures & Options involves risk so do your risk management properly
Exit from strategy if RCom gives a close above 18.35 in Equity
Take care & safe trading...!!!